Orica (OTCMKTS:OCLDY) Upgraded to “Hold” at Zacks Research

Orica (OTCMKTS:OCLDYGet Free Report) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Orica Stock Performance

Orica stock opened at $14.53 on Thursday. Orica has a 12 month low of $9.32 and a 12 month high of $19.00. The business’s 50 day simple moving average is $14.10 and its 200 day simple moving average is $15.68.

Orica Company Profile

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Orica Limited is a leading global provider of commercial explosives and blasting systems to the mining, quarrying and construction industries. Headquartered in Melbourne, Australia, the company designs, manufactures and distributes a comprehensive range of bulk and packaged explosives, initiating systems, detonators and digital blasting solutions. Its offerings include ground support products, ventilation systems in underground mining and specialty chemicals that support safe and efficient rock fragmentation and material handling.

In addition to explosives, Orica supplies sodium cyanide for gold extraction, bulk emulsions and specialty ammonium nitrate products.

Further Reading

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