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Glencore (OTCMKTS:GLNCY) Shares Cross Above 200-Day Moving Average - Here's What Happened

Glencore logo with Basic Materials background

Glencore PLC (OTCMKTS:GLNCY - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.86 and traded as high as $8.11. Glencore shares last traded at $7.99, with a volume of 631,852 shares traded.

Glencore Price Performance

The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.60 and a current ratio of 1.20. The firm's 50 day moving average is $7.53 and its 200 day moving average is $7.86.

Glencore Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Monday, May 5th were paid a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a yield of 2.75%.

About Glencore

(Get Free Report)

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.

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