Orica Limited (OTCMKTS:OCLDY – Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $15.77 and traded as high as $15.9550. Orica shares last traded at $15.9550, with a volume of 203 shares.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut shares of Orica from a “hold” rating to a “strong sell” rating in a report on Thursday, October 1st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Orica currently has a consensus rating of “Sell”.
View Our Latest Stock Analysis on OCLDY
Orica Stock Up 13.6%
The business’s fifty day moving average is $14.90 and its 200 day moving average is $15.77.
About Orica
Orica Limited is an Australia-based mining services company that provides commercial explosives, blasting systems and related technologies to the mining, quarrying, construction, oil and gas, and civil infrastructure industries. Its offerings include bulk and packaged explosives, initiating systems, electronic blasting solutions, and specialized equipment designed to support drilling and blasting operations.
The company also provides digital blast-design and management tools, technical services, and ground-support products intended to improve safety, productivity and operational efficiency.
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