South32 (OTCMKTS:SOUHY) Sets New 1-Year Low – Here’s What Happened

South32 Limited (OTCMKTS:SOUHY) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $7.97 and last traded at $8.25, with a volume of 237071 shares traded. The stock had previously closed at $9.25.

Analyst Ratings Changes

Several research analysts recently commented on SOUHY shares. Citigroup reiterated a “buy” rating on shares of South32 in a research note on Tuesday, March 25th. UBS Group cut South32 from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 21st.

South32 Trading Down 10.8 %

The company has a debt-to-equity ratio of 0.15, a current ratio of 2.39 and a quick ratio of 1.85. The business’s 50 day moving average price is $11.05 and its 200-day moving average price is $11.38.

South32 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 3rd. Investors of record on Friday, March 7th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, March 7th. This is an increase from South32’s previous dividend of $0.14.

About South32

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.