Glencore (OTCMKTS:GLCNF) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Glencore plc (OTCMKTS:GLCNFGet Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.97 and traded as low as $4.44. Glencore shares last traded at $4.44, with a volume of 21,939 shares traded.

Glencore Price Performance

The company has a 50-day simple moving average of $4.56 and a 200-day simple moving average of $4.97.

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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