BHP Group (LON:BHP) Hits New 1-Year Low – Should You Sell?

BHP Group Limited (LON:BHP)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 17.95 ($0.24) and last traded at GBX 1,806.50 ($24.48), with a volume of 4721205 shares changing hands. The stock had previously closed at GBX 1,792 ($24.28).

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BHP shares. Berenberg Bank reissued a “hold” rating and set a GBX 1,900 ($25.74) price target on shares of BHP Group in a report on Tuesday, February 18th. JPMorgan Chase & Co. restated a “neutral” rating on shares of BHP Group in a research note on Tuesday, February 18th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of GBX 2,716 ($36.80).

BHP Group Stock Up 0.7%

The stock’s fifty day simple moving average is GBX 1,806.65 and its two-hundred day simple moving average is GBX 1,917.21. The company has a market capitalization of £115.20 billion, a price-to-earnings ratio of 14.61, a P/E/G ratio of -0.78 and a beta of 0.84. The company has a debt-to-equity ratio of 45.03, a quick ratio of 1.37 and a current ratio of 1.70.

BHP Group Company Profile

We are a world-leading resources company, focused on the resources the world needs to grow and decarbonise. Copper for renewable energy. Potash for sustainable farming. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition.

A resources mix for today and for the future.

Our strategy is to deliver long-term value and returns through the cycle.