Glencore (OTCMKTS:GLCNF) Stock Price Crosses Above 200-Day Moving Average of $5.48

Glencore plc (OTCMKTS:GLCNFGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.48 and traded as high as $5.89. Glencore shares last traded at $5.89, with a volume of 31,692 shares trading hands.

Glencore Stock Up 2.8 %

The stock has a 50 day simple moving average of $5.37 and a two-hundred day simple moving average of $5.48.

Glencore Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Friday, May 3rd will be paid a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. Glencore’s dividend payout ratio is presently 58.52%.

Glencore Company Profile

(Get Free Report)

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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