Anglo American (LON:AAL) Sets New 1-Year Low – Time to Sell?

Anglo American plc (LON:AAL)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 4.19 ($0.05) and last traded at GBX 2,501.50 ($31.23), with a volume of 16018777 shares changing hands. The stock had previously closed at GBX 2,556.50 ($31.92).

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. restated a “neutral” rating on shares of Anglo American in a report on Friday, November 22nd. Berenberg Bank restated a “sell” rating and set a GBX 2,100 ($26.22) target price on shares of Anglo American in a report on Thursday, October 24th. Finally, Citigroup restated a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,715 ($33.90).

Anglo American Price Performance

The company has a market cap of £31.41 billion, a P/E ratio of -2,496.13, a PEG ratio of 2.05 and a beta of 1.10. The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. The firm’s 50-day moving average is GBX 2,423.27 and its two-hundred day moving average is GBX 2,339.27.

Insider Buying and Selling at Anglo American

In related news, insider Nonkululeko Nyembezi acquired 297 shares of Anglo American stock in a transaction on Thursday, December 19th. The stock was acquired at an average price of GBX 2,348 ($29.32) per share, for a total transaction of £6,973.56 ($8,707.15). Insiders own 9.78% of the company’s stock.

Anglo American Company Profile

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.