Anglo American (OTCMKTS:NGLOY) Lowered to Strong Sell Rating by Royal Bank of Canada

Royal Bank of Canada lowered shares of Anglo American (OTCMKTS:NGLOY) from a hold rating to a strong sell rating in a research report report published on Wednesday morning,Zacks.com reports.

Several other research analysts also recently issued reports on NGLOY. Jefferies Financial Group upgraded shares of Anglo American from a “hold” rating to a “buy” rating in a research note on Friday, November 29th. Berenberg Bank cut Anglo American from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. Finally, Citigroup raised Anglo American to a “strong-buy” rating in a report on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Anglo American has a consensus rating of “Moderate Buy”.

Anglo American Trading Up 0.7 %

NGLOY opened at $15.16 on Wednesday. The stock has a 50-day moving average price of $15.12 and a 200-day moving average price of $14.97. Anglo American has a 1 year low of $10.69 and a 1 year high of $17.60. The company has a quick ratio of 1.33, a current ratio of 1.98 and a debt-to-equity ratio of 0.56.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.