Glencore (OTCMKTS:GLNCY) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

Shares of Glencore PLC (OTCMKTS:GLNCY - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.83 and traded as high as $8.87. Glencore shares last traded at $8.84, with a volume of 283,917 shares trading hands.

Glencore Trading Down 1.3%

The company has a quick ratio of 0.60, a current ratio of 1.20 and a debt-to-equity ratio of 0.77. The stock has a fifty day moving average of $7.87 and a 200 day moving average of $7.81.

Glencore Cuts Dividend

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

Glencore Company Profile

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.