Glencore (LON:GLEN) Stock Price Crosses Above Two Hundred Day Moving Average of $435.55

Glencore plc (LON:GLEN)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 435.55 ($5.42) and traded as high as GBX 475.06 ($5.91). Glencore shares last traded at GBX 475 ($5.91), with a volume of 13,900,033 shares changing hands.

Glencore Stock Performance

The company has a debt-to-equity ratio of 85.91, a quick ratio of 0.32 and a current ratio of 1.29. The firm has a market capitalization of £57.71 billion, a P/E ratio of 1,759.26, a price-to-earnings-growth ratio of 0.43 and a beta of 1.32. The firm has a 50 day moving average price of GBX 418.96 and a two-hundred day moving average price of GBX 435.55.

Glencore Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 29th will be given a $0.07 dividend. The ex-dividend date of this dividend is Thursday, August 29th. This represents a dividend yield of 1.32%. Glencore’s dividend payout ratio (DPR) is 3,703.70%.

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.