Glencore plc (OTCMKTS:GLNCY - Get Free Report)'s stock price reached a new 52-week low on Thursday . The stock traded as low as $6.77 and last traded at $6.78, with a volume of 1752351 shares traded. The stock had previously closed at $7.32.
Analyst Ratings Changes
A number of research analysts have issued reports on the stock. BMO Capital Markets raised shares of Glencore from a "hold" rating to a "strong-buy" rating in a report on Monday, December 16th. Berenberg Bank upgraded Glencore to a "strong-buy" rating in a research note on Tuesday, March 11th. Six investment analysts have rated the stock with a strong buy rating, Based on data from MarketBeat, Glencore currently has a consensus rating of "Strong Buy".
Read Our Latest Research Report on GLNCY
Glencore Trading Up 0.3 %
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 stock's 50 day moving average price is $7.98 and its two-hundred day moving average price is $9.17.
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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