GrainCorp (OTCMKTS:GRCLF) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

GrainCorp Limited (OTCMKTS:GRCLFGet Free Report)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.97 and traded as low as $5.24. GrainCorp shares last traded at $5.24, with a volume of 12,262 shares trading hands.

GrainCorp Price Performance

The business has a 50 day simple moving average of $5.97 and a 200-day simple moving average of $5.80.

About GrainCorp

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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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