GrainCorp (OTCMKTS:GRCLF) Share Price Crosses Below 50 Day Moving Average – Here’s What Happened
by Jessica Moore · The Cerbat GemShares of GrainCorp Limited (OTCMKTS:GRCLF – Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.49 and traded as low as $4.34. GrainCorp shares last traded at $4.34, with a volume of 880 shares.
GrainCorp Stock Performance
The stock’s 50 day simple moving average is $4.49 and its two-hundred day simple moving average is $5.12.
GrainCorp Company Profile
GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, animal fats, and used cooking oils and vegetable oils for animal feed purposes; handles, processes, and stores grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils.
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