Jane Street Group LLC Has $186,000 Stock Position in Nexa Resources S.A. (NYSE:NEXA)

Jane Street Group LLC reduced its stake in Nexa Resources S.A. (NYSE:NEXA) by 11.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,635 shares of the company’s stock after selling 3,161 shares during the period. Jane Street Group LLC’s holdings in Nexa Resources were worth $186,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Renaissance Technologies LLC grew its position in Nexa Resources by 3.7% in the second quarter. Renaissance Technologies LLC now owns 341,792 shares of the company’s stock valued at $2,611,000 after acquiring an additional 12,092 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NEXA. Scotiabank lifted their price objective on Nexa Resources from $5.75 to $7.00 and gave the company a “sector underperform” rating in a report on Monday, January 6th. Morgan Stanley raised shares of Nexa Resources from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $7.50 to $7.80 in a report on Thursday, December 12th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $7.56.

Nexa Resources Price Performance

Nexa Resources stock opened at $6.46 on Monday. The business’s fifty day moving average is $7.84 and its two-hundred day moving average is $7.37. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.76 and a current ratio of 1.13. The firm has a market cap of $855.56 million, a P/E ratio of -4.28 and a beta of 1.48. Nexa Resources S.A. has a 52 week low of $5.10 and a 52 week high of $9.61.

Nexa Resources Company Profile

Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.