Glencore plc (LON:GLEN – Get Free Report) insider Martin J. Gilbert bought 5,000 shares of the corporate’s inventory in a transaction that occurred on Friday, April 4th. The inventory was purchased at a median value of GBX 233 ($3.01) per share, with a complete worth of £11,650 ($15,028.38).
Glencore Inventory Down 8.5 %
Shares of GLEN opened at GBX 238.76 ($3.08) on Friday. The agency has a fifty day transferring common value of GBX 322.72 and a 200-day transferring common value of GBX 363.69. The corporate has a present ratio of 1.30, a fast ratio of 0.32 and a debt-to-equity ratio of 77.14. The agency has a market capitalization of £36.42 billion, a P/E ratio of -66.87, a P/E/G ratio of 0.43 and a beta of 1.21. Glencore plc has a 12-month low of GBX 230.75 ($2.98) and a 12-month excessive of GBX 506.72 ($6.54).
Glencore Cuts Dividend
The enterprise additionally not too long ago disclosed a dividend, which will probably be paid on Friday, September nineteenth. Shareholders of file on Thursday, August twenty eighth will probably be given a $0.05 dividend. The ex-dividend date is Thursday, August twenty eighth. This represents a yield of 1.21%. Glencore’s dividend payout ratio (DPR) is -280.06%.
Analyst Upgrades and Downgrades
A number of equities analysis analysts have not too long ago issued stories on the corporate. Royal Financial institution of Canada lowered their value goal on Glencore from GBX 480 ($6.19) to GBX 440 ($5.68) and set an “outperform” score for the corporate in a analysis word on Thursday, February twentieth. Berenberg Financial institution assumed protection on shares of Glencore in a analysis word on Monday, March tenth. They set a “purchase” score and a GBX 380 ($4.90) value goal for the corporate. Morgan Stanley upgraded shares of Glencore to an “obese” score and set a GBX 470 ($6.06) value goal on the inventory in a analysis report on Tuesday, February 18th. Citigroup restated a “high decide” score on shares of Glencore in a report on Thursday, December twelfth. Lastly, Deutsche Financial institution Aktiengesellschaft reaffirmed a “purchase” score and set a GBX 480 ($6.19) value goal on shares of Glencore in a analysis word on Thursday, February twentieth. One equities analysis analyst has rated the inventory with a maintain score, six have issued a purchase score and one has given a powerful purchase score to the corporate. In keeping with knowledge from MarketBeat.com, Glencore presently has a median score of “Purchase” and a consensus goal value of GBX 476.43 ($6.15).
Read Our Latest Analysis on GLEN
Glencore Firm Profile
Glencore is likely one of the world’s largest world diversified pure useful resource corporations and a significant producer and marketer of greater than 60 commodities that advance on a regular basis life. By a community of belongings, clients and suppliers that spans the globe, we produce, course of, recycle, supply, market and distribute the commodities that assist decarbonisation whereas assembly the vitality wants of in the present day.
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