Anglo American (OTCMKTS:NGLOY) Stock Rating Lowered by Royal Bank of Canada

Anglo American (OTCMKTS:NGLOY) was downgraded by Royal Bank of Canada from a “hold” rating to a “strong sell” rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other equities analysts also recently weighed in on NGLOY. Berenberg Bank downgraded Anglo American from a “hold” rating to a “strong sell” rating in a research note on Friday, October 25th. Jefferies Financial Group upgraded shares of Anglo American from a “hold” rating to a “buy” rating in a report on Friday, November 29th. Finally, Citigroup upgraded shares of Anglo American to a “strong-buy” rating in a research note on Wednesday, October 9th. Two investment 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 company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Anglo American Trading Up 0.7 %

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

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.