Glencore plc (OTCMKTS:GLCNF – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.46 and traded as high as $5.87. Glencore shares last traded at $5.83, with a volume of 167,360 shares traded.
Glencore Trading Down 2.3 %
The company’s 50-day simple moving average is $5.26 and its 200 day simple moving average is $5.46.
Glencore Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Investors of record on Friday, May 3rd will be paid a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. Glencore’s payout ratio is 58.52%.
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.
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