Anglo American (LON:AAL) Sets New 12-Month Low – Should You Sell?

Anglo American plc (LON:AAL) reached a new 52-week low during mid-day 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 traded. The stock had previously closed at GBX 2,556.50 ($31.92).

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AAL. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Berenberg Bank reiterated a “sell” rating and set a GBX 2,100 ($26.22) price target 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 research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 2,715 ($33.90).

Anglo American Stock Performance

The stock has a market cap of £31.41 billion, a P/E ratio of -2,496.13, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94. The stock has a 50 day simple moving average of GBX 2,423.27 and a 200 day simple moving average of GBX 2,339.27.

Insider Transactions at Anglo American

In other news, insider Nonkululeko Nyembezi purchased 297 shares of the business’s stock in a transaction on Thursday, December 19th. The shares were acquired at an average price of GBX 2,348 ($29.32) per share, with a total value of £6,973.56 ($8,707.15). Company 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.