Shares of GrainCorp Limited (OTCMKTS:GRCLF – Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.68 and traded as high as $3.82. GrainCorp shares last traded at $3.81, with a volume of 4,790 shares.
GrainCorp Trading Up 4.4%
The business’s fifty day simple moving average is $3.68 and its 200-day simple moving average is $4.04.
About GrainCorp
GrainCorp Limited (OTCMKTS:GRCLF) is an Australian agribusiness and global provider of bulk storage, handling, processing and marketing services for grain and related commodities. The company’s integrated supply chain operations enable it to source grain directly from growers, manage inland storage and receival facilities across eastern Australia, and transport commodities to port terminals for domestic and international customers.
Within its core grain division, GrainCorp offers commodity marketing services, risk management solutions and logistics support for the movement of cereal grains such as wheat, barley and canola.
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