Media headlines about Glencore (OTCMKTS:GLCNF) have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Glencore earned a media sentiment score of -5.00 on their scale. InfoTrie also gave news articles about the company an news buzz score of 6 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Glencore’s ranking:
- Thin Margins Get Crop Giants Working Together as M&A Falters (finance.yahoo.com)
- Glencore to close Brunswick Lead Smelter in Belledune, putting 420 people out of work (atlantic.ctvnews.ca)
- Glencore to shut Canadian smelter by year-end, leave over 400 jobless (mining.com)
- LEAD: Glencore closes Belledune smelter permanently (canadianminingjournal.com)
- Glencore to close Brunswick Lead Smelter in Belledune, N.B., 420 jobs lost (canadianbusiness.com)
Glencore stock traded up $0.08 during midday trading on Friday, hitting $3.14. 24,294 shares of the company’s stock were exchanged, compared to its average volume of 34,423. Glencore has a 12-month low of $2.66 and a 12-month high of $4.49. The firm’s 50 day simple moving average is $3.02 and its 200 day simple moving average is $3.21.
Glencore 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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