Anglo American (LON:AAL) Reaches New 1-Year Low – Time to Sell?

Anglo American plc (LON:AAL) shares hit a new 52-week low on Wednesday . The stock traded as low as GBX 23.77 ($0.29) and last traded at GBX 2,369 ($29.15), with a volume of 12426698 shares trading hands. The stock had previously closed at GBX 2,369.50 ($29.16).

Wall Street Analyst Weigh In

AAL has been the subject of a number of analyst reports. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 2,100 ($25.84) price objective on shares of Anglo American in a research note on Thursday, October 24th. Finally, Citigroup reissued a “top pick” rating on shares of Anglo American in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,715 ($33.41).

Anglo American Stock Up 0.6 %

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 firm’s fifty day moving average is GBX 2,395.66 and its 200 day moving average is GBX 2,330.99. The stock has a market cap of £29.69 billion, a P/E ratio of -2,359.13, a P/E/G ratio of 2.05 and a beta of 1.10.

Insider Transactions at Anglo American

In related news, insider Nonkululeko Nyembezi acquired 297 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were bought at an average price of GBX 2,348 ($28.89) per share, for a total transaction of £6,973.56 ($8,580.73). 9.78% of the stock is currently 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.