Media stories about Glencore (OTCMKTS:GLCNF) have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Glencore earned a media sentiment score of -1.07 on their scale. InfoTrie also assigned media stories about the company an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company’s share price in the next few days.
OTCMKTS:GLCNF traded down $0.20 on Friday, reaching $3.94. 41,951 shares of the stock traded hands, compared to its average volume of 123,930. Glencore has a 12 month low of $3.70 and a 12 month high of $5.91.
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Glencore plc engages in the production, refinement, processing, storage, transport and marketing of metals and minerals, energy products, and agricultural products worldwide. It operates in three segments: Metals and Minerals, Energy Products, and Agricultural Products. The Metals and Minerals segment is involved in smelting, refining, mining, processing, and storing zinc, copper, lead, alumina, aluminum, ferroalloys, nickel, cobalt, and iron ore.
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