Anglo American Platinum Limited (OTCMKTS:ANGPY – Get Free Report)’s share price traded up 8.7% during trading on Wednesday. The stock traded as high as $11.86 and last traded at $11.85. 152,303 shares traded hands during trading, an increase of 37% from the average session volume of 111,575 shares. The stock had previously closed at $10.90.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on ANGPY shares. Jefferies Financial Group upgraded shares of Anglo American Platinum to a “hold” rating in a research report on Monday, August 3rd. Zacks Research raised shares of Anglo American Platinum from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 22nd. Finally, Barclays lowered shares of Anglo American Platinum from a “hold” rating to a “strong sell” rating in a report on Thursday, September 3rd. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Anglo American Platinum has a consensus rating of “Reduce”.
Read Our Latest Stock Analysis on Anglo American Platinum
Anglo American Platinum Price Performance
The firm’s 50-day moving average is $12.99 and its 200-day moving average is $13.79.
About Anglo American Platinum
Anglo American Platinum Limited is a South Africa-based mining and metals company historically focused on the exploration, mining, processing and marketing of platinum group metals (PGMs). Its principal products include platinum, palladium and rhodium, along with associated metals such as nickel, copper and gold.
The company’s mining and processing operations have been concentrated primarily in South Africa, including the Mogalakwena, Amandelbult and Mototolo mining complexes, with additional interests in the Unki mine in Zimbabwe.
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