Anglo American plc (OTCMKTS:NGLOY) Short Interest Up 48.1% in March

Anglo American plc (OTCMKTS:NGLOY - Get Free Report) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 11,400 shares, a growth of 48.1% from the February 28th total of 7,700 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 403,300 shares, the short-interest ratio is currently 0.0 days.

Anglo American Price Performance

NGLOY stock traded down $0.49 on Friday, hitting $14.52. The company's stock had a trading volume of 132,344 shares, compared to its average volume of 211,162. Anglo American has a 1 year low of $12.51 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. The firm has a 50 day moving average of $15.11 and a two-hundred day moving average of $15.15.

Anglo American Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 14th. Investors of record on Friday, March 14th will be issued a dividend of $0.11 per share. The ex-dividend date is Friday, March 14th.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on NGLOY. Sanford C. Bernstein cut Anglo American from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Citigroup lowered shares of Anglo American from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 24th. Clarkson Capital upgraded shares of Anglo American to a "strong-buy" rating in a research report on Friday, February 28th. Finally, Royal Bank of Canada upgraded shares of Anglo American from a "strong sell" rating to a "hold" rating in a research note on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Anglo American currently has an average rating of "Moderate Buy".

Check Out Our Latest Stock Report on NGLOY

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.

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