Shares of Glencore plc (OTCMKTS:GLCNF – Get Free Report) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $7.50 and traded as low as $7.41. Glencore shares last traded at $7.64, with a volume of 12,772 shares.
Glencore Trading Down 0.8%
The firm’s fifty day moving average is $7.70 and its 200 day moving average is $7.50.
About Glencore
Glencore plc is a Switzerland-based diversified natural resources company engaged in the production, processing, marketing and distribution of commodities. Its operations span metals and minerals, energy products and agricultural products, serving industrial customers and consumers around the world.
The company produces and markets commodities including copper, cobalt, zinc, nickel, ferroalloys, coal and oil. Through its marketing and trading activities, Glencore sources commodities from its own operations and third-party producers and supplies them to manufacturers, processors, utilities and other commercial customers.
See Also
- Five stocks we like better than Glencore
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
Receive News & Ratings for Glencore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glencore and related companies with MarketBeat.com's FREE daily email newsletter.
