Anglo American (LON:AAL) Reaches New 52-Week Low – Should You Sell?

Shares of Anglo American plc (LON:AAL) hit a new 52-week low on Thursday . The company traded as low as GBX 4.19 ($0.05) and last traded at GBX 2,501.50 ($30.80), with a volume of 16018777 shares traded. The stock had previously closed at GBX 2,556.50 ($31.47).

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Berenberg Bank reiterated a “sell” rating and issued a GBX 2,100 ($25.85) target price on shares of Anglo American in a research report on Thursday, October 24th. Citigroup reiterated a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Anglo American in a research report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,715 ($33.42).

Anglo American Stock Performance

The stock has a market capitalization of £30.27 billion, a price-to-earnings ratio of -2,405.77, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a 50 day simple moving average of GBX 2,407.63 and a 200-day simple moving average of GBX 2,335.68. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94.

Insider Activity at Anglo American

In other news, insider Nonkululeko Nyembezi purchased 297 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The shares were acquired at an average cost of GBX 2,348 ($28.91) per share, with a total value of £6,973.56 ($8,584.96). 9.78% of the stock is owned by corporate insiders.

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.