Glencore plc (OTCMKTS:GLCNF – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.56 and traded as high as $6.17. Glencore shares last traded at $6.12, with a volume of 1,576 shares.
Glencore Stock Up 0.8 %
The company’s 50 day moving average is $5.83 and its 200 day moving average is $5.57.
Glencore Cuts Dividend
The business also recently announced a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Friday, May 3rd will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Wednesday, May 1st. Glencore’s dividend payout ratio (DPR) is presently 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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