Liberum Capital upgraded Glencore PLC (ADR) (OTC:GLNCY) from Sell to Hold in a report released today.
- Updated: September 22, 2016
Liberum Capital has upgraded Glencore PLC (ADR) (OTC:GLNCY) from Sell to Hold in a statement released on 09/22/2016.
Boasting a price of $5.38, Glencore PLC (ADR) (OTC:GLNCY) traded 4.05% higher on the day. With the last stock price close up 22.99% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Glencore PLC (ADR) has recorded a 50-day average of $4.88 and a two hundred day average of $4.39. Volume of trade was down over the average, with 97,609 shares of GLNCY changing hands under the typical 157,823
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Glencore PLC (ADR) has a 52 week low of $1.95 and a 52 week high of $5.47 Glencore PLC (ADR)’s market capitalization is currently $0.
Brief Synopsis On Glencore PLC (ADR) (OTC: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, Switzerland.
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