GrainCorp (OTCMKTS:GRCLF) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

GrainCorp Limited (OTCMKTS:GRCLFGet Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.71 and traded as low as $4.91. GrainCorp shares last traded at $4.91, with a volume of 11,499 shares changing hands.

GrainCorp Trading Up -1.8 %

The stock’s 50-day moving average price is $5.36 and its 200 day moving average price is $5.70.

GrainCorp Company Profile

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GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, animal fats, and used cooking oils and vegetable oils for animal feed purposes; handles, processes, and stores grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils.

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