Glencore (LON:GLEN) Stock Price Crosses Above Two Hundred Day Moving Average of $435.55

Shares of Glencore plc (LON:GLEN) 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 traded.

Glencore Price Performance

The company has a market capitalization of £57.71 billion, a price-to-earnings ratio of 1,759.26, a P/E/G ratio of 0.43 and a beta of 1.32. The company has a fifty day simple moving average of GBX 418.96 and a two-hundred day simple moving average of GBX 435.55. The company has a debt-to-equity ratio of 85.91, a quick ratio of 0.32 and a current ratio of 1.29.

Glencore Cuts Dividend

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

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.