Glencore (OTCMKTS:GLCNF – Get Free Report) will likely be posting its resultson Wednesday, August 5th. Analysts expect Glencore to announce earnings of $0.2605 per share and revenue of $143.1750 billion for the quarter.
Glencore Stock Performance
Shares of Glencore stock opened at $6.75 on Wednesday. The stock’s 50 day simple moving average is $7.31 and its 200-day simple moving average is $7.18. Glencore has a 1-year low of $3.74 and a 1-year high of $8.30.
Glencore Company Profile
Glencore plc is a global leader in the production, marketing and trading of commodities. Through its diversified portfolio, the company operates in two principal segments: Metals & Minerals, and Energy Products. In Metals & Minerals, Glencore produces and trades a wide array of industrial metals, including copper, zinc, nickel, cobalt, lead, aluminum, iron ore and coal. Its Energy Products segment encompasses the sourcing, storage and distribution of crude oil, refined products, natural gas and liquefied petroleum gas, while also managing a significant agricultural trading business that handles grains, oilseeds and sugar.
Founded in 1974 by Marc Rich as Marc Rich + Co International, the company rebranded to Glencore in 1994 and has since expanded through both organic growth and strategic acquisitions.
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