Glencore plc (OTCMKTS:GLNCY - Get Free Report)'s share price reached a new 52-week low on Wednesday . The stock traded as low as $8.12 and last traded at $8.20, with a volume of 2487786 shares. The stock had previously closed at $8.75.
Analyst Ratings Changes
Several analysts have issued reports on the company. BMO Capital Markets upgraded Glencore from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 16th. Hsbc Global Res raised Glencore from a "hold" rating to a "strong-buy" rating in a report on Monday, October 28th. Five analysts have rated the stock with a strong buy rating, Based on data from MarketBeat.com, Glencore has a consensus rating of "Strong Buy".
Read Our Latest Research Report on GLNCY
Glencore Stock Down 2.8 %
The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.67 and a current ratio of 1.30. The firm's fifty day moving average is $8.84 and its 200 day moving average is $9.76.
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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