Orica Limited (OTCMKTS:OCLDY – Get Free Report)’s stock price traded down 14.6% during mid-day trading on Wednesday . The stock traded as low as $14.51 and last traded at $14.51. Approximately 405 shares changed hands during trading, a decline of 34% from the average session volume of 614 shares. The stock had previously closed at $17.00.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Orica to a “hold” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Orica currently has an average rating of “Hold”.
View Our Latest Report on Orica
Orica Trading Down 14.6%
About Orica
Orica Limited is a leading global provider of commercial explosives and blasting systems to the mining, quarrying and construction industries. Headquartered in Melbourne, Australia, the company designs, manufactures and distributes a comprehensive range of bulk and packaged explosives, initiating systems, detonators and digital blasting solutions. Its offerings include ground support products, ventilation systems in underground mining and specialty chemicals that support safe and efficient rock fragmentation and material handling.
In addition to explosives, Orica supplies sodium cyanide for gold extraction, bulk emulsions and specialty ammonium nitrate products.
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