Glencore plc (OTCMKTS:GLCNF – Get Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.46 and traded as high as $5.87. Glencore shares last traded at $5.83, with a volume of 167,360 shares traded.
Glencore Trading Up 1.7 %
The business has a fifty day moving average price of $5.28 and a 200 day moving average price of $5.47.
Glencore Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Friday, May 3rd will be issued a dividend of $0.065 per share. The ex-dividend date is Wednesday, May 1st. Glencore’s dividend payout ratio (DPR) is presently 58.52%.
About Glencore
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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