Anglo American plc (OTCMKTS:NGLOY) Short Interest Update

Anglo American plc (OTCMKTS:NGLOY) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 65,900 shares, a drop of 43.9% from the January 31st total of 117,500 shares. Based on an average trading volume of 477,100 shares, the days-to-cover ratio is presently 0.1 days.

Anglo American Trading Up 0.3 %

OTCMKTS:NGLOY opened at $14.72 on Tuesday. The company has a fifty day moving average of $15.05 and a 200-day moving average of $15.06. The company has a current ratio of 1.98, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. Anglo American has a twelve month low of $10.69 and a twelve month high of $17.60.

Anglo American Cuts Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NGLOY. Sanford C. Bernstein cut shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Royal Bank of Canada lowered shares of Anglo American from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Clarkson Capital raised shares of Anglo American to a “strong-buy” rating in a report on Friday. Jefferies Financial Group raised shares of Anglo American from a “hold” rating to a “buy” rating in a report on Friday, November 29th. Finally, Citigroup downgraded shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Anglo American presently has an average rating of “Hold”.

Anglo American Company Profile

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.