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

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

Glencore Price Performance

The firm has a fifty day simple moving average of $5.11 and a two-hundred day simple moving average of $5.40.

About Glencore

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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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