Orica Limited (OTCMKTS:OCLDY – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $15.77 and traded as high as $15.9550. Orica shares last traded at $15.9550, with a volume of 203 shares traded.
Analysts Set New Price Targets
Separately, Zacks Research downgraded Orica from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 1st. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Get Our Latest Report on Orica
Orica Stock Up 13.6%
The firm has a fifty day simple moving average of $14.90 and a 200-day simple moving average of $15.77.
Orica Company Profile
Orica Limited is an Australia-based mining services company that provides commercial explosives, blasting systems and related technologies to the mining, quarrying, construction, oil and gas, and civil infrastructure industries. Its offerings include bulk and packaged explosives, initiating systems, electronic blasting solutions, and specialized equipment designed to support drilling and blasting operations.
The company also provides digital blast-design and management tools, technical services, and ground-support products intended to improve safety, productivity and operational efficiency.
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