GrainCorp (OTCMKTS:GRCLF) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of GrainCorp Limited (OTCMKTS:GRCLFGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.63 and traded as high as $4.91. GrainCorp shares last traded at $4.35, with a volume of 4,467 shares traded.

GrainCorp Stock Performance

The business’s 50 day moving average price is $4.63 and its 200 day moving average price is $5.35.

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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