Glencore (OTCMKTS:GLCNF) Trading Down 2.6% – Here’s Why

Glencore plc (OTCMKTS:GLCNFGet Free Report) fell 2.6% during mid-day trading on Tuesday . The stock traded as low as $4.88 and last traded at $4.91. 23,870 shares were traded during mid-day trading, a decline of 68% from the average session volume of 74,915 shares. The stock had previously closed at $5.04.

Glencore Trading Down 2.6 %

The stock’s fifty day moving average price is $5.12 and its 200 day moving average price is $5.41.

Glencore Company Profile

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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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