Sanford C. Bernstein upgraded shares of Glencore (OTCMKTS:GLCNF – Get Rating) from a market perform rating to an outperform rating in a research note released on Wednesday morning, MarketBeat reports.
Glencore Trading Up 0.3 %
GLCNF opened at $6.44 on Wednesday. Glencore has a 1-year low of $4.55 and a 1-year high of $7.00. The firm’s 50 day simple moving average is $5.71 and its two-hundred day simple moving average is $5.71.
Glencore Company Profile
Glencore plc produces, refines, processes, stores, transports, and markets 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 produces and markets copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore.
www.ferroalloynet.com
