GrainCorp (OTCMKTS:GRCLF – Get Free Report) is expected to announce its resultson Thursday, November 12th. Analysts expect GrainCorp to announce earnings of ($0.0187) per share and revenue of $2.01 billion for the quarter.
GrainCorp Price Performance
GRCLF opened at $4.46 on Thursday. GrainCorp has a one year low of $3.20 and a one year high of $5.87. The company’s 50 day simple moving average is $4.54 and its 200-day simple moving average is $4.21.
About GrainCorp
GrainCorp Limited is an Australian agribusiness that operates across the grain supply chain. The company receives, stores, handles, transports and markets grains and oilseeds, connecting Australian growers with domestic and international customers.
GrainCorp operates an extensive network of country grain storage sites, logistics assets and export terminals in Australia. Its activities include grain merchandising and trading, bulk handling, supply-chain management and the export of commodities such as wheat, barley, canola and sorghum to customers in markets including Asia and the Middle East.
The company also operates an oils business that processes oilseeds and supplies edible oils, fats and related ingredients to food manufacturers, food-service companies and consumers.
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