Glencore plc (OTCMKTS:GLNCY) Given Consensus Recommendation of "Strong Buy" by Analysts

Glencore plc (OTCMKTS:GLNCY - Get Free Report) has received an average recommendation of "Strong Buy" from the five research firms that are currently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a strong buy recommendation.

Separately, BMO Capital Markets raised shares of Glencore from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 16th.

Glencore Price Performance

Shares of GLNCY stock traded down $0.07 during trading hours on Tuesday, reaching $8.28. The stock had a trading volume of 401,690 shares, compared to its average volume of 1,008,641. The stock's fifty day simple moving average is $8.68 and its 200 day simple moving average is $9.62. Glencore has a 12 month low of $7.84 and a 12 month high of $12.74. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.30 and a quick ratio of 0.67.

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.