Glencore Intl plc (OTCMKTS:GLNCY) has been upgraded from Neutral to Outperform in a report by Credit Suisse today.
- Updated: September 19, 2016
Boasting a price of $4.77, Glencore Intl plc (OTCMKTS:GLNCY) traded 0.00% even on the day. With the last stock price up 9.30% from the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same period. Glencore Intl plc has registered a 50-day average of $4.86 and 200-day moving average of $4.36. Trade volume was was down over the average, with 0 shares of GLNCY changing hands under the typical 158,147 shares.
Credit Suisse has upgraded Glencore Intl plc(OTCMKTS:GLNCY) from Neutral to Outperform in a report released 9/19/2016.
Recent Performance Graph:
Glencore Intl plc has a 52 week low of $1.95 and a one-year high of $5.15 and has a market capitalization of $0.0.
More About Glencore Intl plc (OTCMKTS:GLNCY)
Glencore plc engages in the production, processing, refinement, transport, storage, marketing, and supply of commodities worldwide. It operates in three segments: Metals and Minerals, Energy Products, and Agricultural Products. The Metals and Minerals segment is involved in mining, smelting, refining, and warehousing operations of copper, zinc, lead, alumina, aluminium, ferroalloys, nickel, cobalt, and iron ore. The Energy Products segment activities include coal mining and oil production operations; and investments in handling, storage, and freight equipment and facilities. The Agricultural Products segment engages in the farming, processing, handling, storage, and port facilitating of wheat, corn, canola, barley, rice, oil seeds, meals, edible oils, biofuels, cotton, and sugar. It also sources and distributes physical commodities to industrial consumers, such as automotive, steel, power generation, oil, and food processing industries. The company was formerly known as Glencore Xstrata plc and changed its name to Glencore plc in May 2014. Glencore plc was founded in 1974 and is headquartered in Baar, and Switzerland.
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