GrainCorp (OTCMKTS:GRCLF) Stock Passes Below 50-Day Moving Average – Here’s Why

GrainCorp Limited (OTCMKTS:GRCLFGet Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.81 and traded as low as $4.57. GrainCorp shares last traded at $4.57, with a volume of 870 shares trading hands.

GrainCorp Stock Down 0.4 %

The stock’s fifty day simple moving average is $4.81 and its 200-day simple moving average is $5.51.

GrainCorp Company Profile

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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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