Shares of Glencore plc (OTCMKTS:GLNCY - Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as $7.84 and last traded at $8.02, with a volume of 593677 shares trading hands. The stock had previously closed at $8.08.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets raised shares of Glencore from a "hold" rating to a "strong-buy" rating in a report on Monday, December 16th. Five analysts have rated the stock with a strong buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Strong Buy".
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Glencore Price Performance
The firm has a 50-day moving average of $8.67 and a two-hundred day moving average of $9.61. The company has a current ratio of 1.30, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69.
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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