Glencore plc (OTCMKTS:GLNCY - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $7.63 and last traded at $7.66, with a volume of 703060 shares. The stock had previously closed at $7.79.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Berenberg Bank raised Glencore to a "strong-buy" rating in a report on Tuesday, March 11th. BMO Capital Markets raised Glencore from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 16th. Six research analysts have rated the stock with a strong buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Strong Buy".
View Our Latest Stock Analysis on GLNCY
Glencore Stock Performance
The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 0.69. The business's 50 day moving average price is $8.35 and its two-hundred day moving average price is $9.34.
About Glencore
(
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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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