Glencore plc (OTCMKTS:GLNCY) Given Average Rating of “Strong Buy” by Analysts

Shares of Glencore plc (OTCMKTS:GLNCY) have received an average rating of “Strong Buy” from the five analysts that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a strong buy recommendation.

Separately, BMO Capital Markets upgraded shares of Glencore from a “hold” rating to a “strong-buy” rating in a report on Monday, December 16th.

Glencore Price Performance

Shares of OTCMKTS GLNCY opened at $8.02 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 0.69. Glencore has a 52 week low of $7.84 and a 52 week high of $12.74. The firm’s fifty day moving average is $8.66 and its 200 day moving average is $9.58.

About Glencore

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.