Anglo American (LON:AAL) Reaches New 1-Year Low – Here’s Why

Shares of Anglo American plc (LON:AAL) reached a new 52-week low on Tuesday . The company traded as low as GBX 20.76 ($0.28) and last traded at GBX 2,055.50 ($28.08), with a volume of 16331997 shares traded. The stock had previously closed at GBX 2,017 ($27.56).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “sell” rating and issued a GBX 2,100 ($28.69) target price on shares of Anglo American in a report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Anglo American currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,522.50 ($34.47).

Anglo American Stock Up 6.1%

The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. The firm’s fifty day moving average is GBX 2,127.77 and its 200-day moving average is GBX 2,258.01. The stock has a market capitalization of £32.37 billion, a PE ratio of -19.60, a PEG ratio of 2.05 and a beta of 1.10.

Insider Activity

In other news, insider John Heasley sold 18,877 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of GBX 2,133 ($29.14), for a total value of £402,646.41 ($550,138.56). Insiders acquired 31 shares of company stock valued at $66,496 in the last three months. 9.78% of the stock is currently owned by company insiders.

About Anglo American

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.