Anglo American (OTCMKTS:NGLOY) Downgraded by Berenberg Bank to “Strong Sell”

Anglo American (OTCMKTS:NGLOY) was downgraded by stock analysts at Berenberg Bank from a “hold” rating to a “strong sell” rating in a research note issued to investors on Friday, Zacks.com reports.

NGLOY has been the topic of a number of other reports. Citigroup upgraded shares of Anglo American to a “strong-buy” rating in a research note on Wednesday, October 9th. UBS Group raised shares of Anglo American from a “neutral” rating to a “buy” rating in a research report on Friday, July 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Anglo American presently has an average rating of “Moderate Buy”.

Anglo American Price Performance

Anglo American stock opened at $16.03 on Friday. Anglo American has a 52 week low of $10.37 and a 52 week 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 50 day moving average of $14.88 and a 200-day moving average of $15.18.

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.