Glencore (LON:GLEN) Share Price Crosses Above 200 Day Moving Average of $435.55

Glencore plc (LON:GLEN) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 435.55 ($5.42) and traded as high as GBX 475.06 ($5.91). Glencore shares last traded at GBX 475 ($5.91), with a volume of 13,900,033 shares trading hands.

Glencore Stock Down 0.1 %

The company has a quick ratio of 0.32, a current ratio of 1.29 and a debt-to-equity ratio of 85.91. The stock has a 50-day simple moving average of GBX 420.74 and a two-hundred day simple moving average of GBX 435.62. The firm has a market cap of £57.63 billion, a PE ratio of 1,756.67, a P/E/G ratio of 0.43 and a beta of 1.32.

Glencore Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 29th will be issued a dividend of $0.07 per share. The ex-dividend date is Thursday, August 29th. This represents a dividend yield of 1.32%. Glencore’s dividend payout ratio is 3,703.70%.

Glencore Company Profile

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of 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 engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.