Shares of South32 Limited (OTCMKTS:SOUHY - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $10.98 and traded as high as $11.73. South32 shares last traded at $11.39, with a volume of 62,898 shares.
Analyst Upgrades and Downgrades
Separately, Citigroup raised shares of South32 from a "hold" rating to a "strong-buy" rating in a report on Thursday, February 13th.
Get Our Latest Stock Analysis on South32
South32 Stock Up 1.6 %
The company has a current ratio of 2.39, a quick ratio of 1.85 and a debt-to-equity ratio of 0.15. The company's fifty day simple moving average is $10.99 and its two-hundred day simple moving average is $11.32.
South32 Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Friday, March 7th will be issued a dividend of $0.17 per share. This is a positive change from South32's previous dividend of $0.14. The ex-dividend date is Friday, March 7th.
South32 Company Profile
(
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South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.
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