Anglo American (LON:AAL) Reaches New 52-Week Low – Should You Sell?

Anglo American plc (LON:AAL) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 4.19 ($0.05) and last traded at GBX 2,501.50 ($30.80), with a volume of 16018777 shares changing hands. The stock had previously closed at GBX 2,556.50 ($31.47).

Analysts Set New Price Targets

A number of equities analysts have issued reports on AAL shares. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Berenberg Bank restated a “sell” rating and issued a GBX 2,100 ($25.85) target price on shares of Anglo American in a report on Thursday, October 24th. Finally, Citigroup reiterated a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Anglo American currently has an average rating of “Moderate Buy” and an average price target of GBX 2,715 ($33.42).

Anglo American Stock Down 2.1 %

The stock has a 50-day moving average of GBX 2,407.63 and a 200 day moving average of GBX 2,335.68. The company has a market capitalization of £30.27 billion, a PE ratio of -2,405.77, a P/E/G ratio of 2.05 and a beta of 1.10. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94.

Insider Activity

In related news, insider Nonkululeko Nyembezi bought 297 shares of the company’s stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of GBX 2,348 ($28.91) per share, for a total transaction of £6,973.56 ($8,584.96). 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.