GLENCORE PLC/ADR (OTCMKTS:GLNCY) has been given an average rating of “Hold” by the ten research firms that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company.
A number of research firms recently issued reports on GLNCY. JPMorgan Chase & Co. lowered GLENCORE PLC/ADR from a “neutral” rating to an “underweight” rating in a research note on Wednesday. UBS Group restated a “neutral” rating on shares of GLENCORE PLC/ADR in a research note on Friday, June 14th. Bank of America lowered GLENCORE PLC/ADR from a “buy” rating to a “neutral” rating in a research note on Friday. Goldman Sachs Group lowered GLENCORE PLC/ADR from a “neutral” rating to a “sell” rating in a research note on Friday, July 19th. Finally, Zacks Investment Research upgraded GLENCORE PLC/ADR from a “sell” rating to a “hold” rating in a research note on Thursday.
Shares of OTCMKTS GLNCY traded up $0.10 during trading on Friday, reaching $5.43. 288,900 shares of the stock traded hands, compared to its average volume of 383,273. GLENCORE PLC/ADR has a 52-week low of $5.29 and a 52-week high of $8.97. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.10 and a quick ratio of 0.59. The company has a 50-day moving average of $6.39 and a 200-day moving average of $7.34. The stock has a market capitalization of $39.16 billion, a P/E ratio of 8.48 and a beta of 1.86.
GLENCORE PLC/ADR Company Profile
Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, energy products, and agricultural products. It operates in three segments: Metals and Minerals, Energy Products, and Agricultural Products. The Metals and Minerals segment is involved in smelting, refining, mining, processing, and storing zinc, copper, lead, alumina, aluminum, ferroalloys, nickel, cobalt, and iron ore.
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