Lynas Rare Earths (OTCMKTS:LYSDY) Reaches New 52-Week Low – Time to Sell?

Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY)’s stock price hit a new 52-week low on Tuesday. The company traded as low as $8.08 and last traded at $8.09, with a volume of 569,678 shares changing hands. The stock had previously closed at $8.46.

Analyst Upgrades and Downgrades

Separately, Macquarie Infrastructure upgraded shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. Four research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Lynas Rare Earths presently has a consensus rating of “Strong Buy”.

Lynas Rare Earths Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 9.35 and a quick ratio of 8.04. The firm has a fifty day moving average of $10.51 and a 200-day moving average of $12.06.

Lynas Rare Earths Company Profile

Lynas Rare Earths Limited is an Australia-based producer of separated rare earth materials. The company operates across the rare earths supply chain, from mining and concentrating ore to processing and separation, supplying materials used in electric vehicles, renewable energy equipment, electronics, industrial applications and other advanced technologies.

Lynas mines ore at its Mount Weld operation in Western Australia and produces a rare earth concentrate at its nearby concentration plant.