Shares of Orica Limited (OTCMKTS:OCLDY – Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $14.04, but opened at $15.9550. Orica shares last traded at $15.9550, with a volume of 200 shares.
Wall Street Analysts Forecast Growth
Separately, Zacks Research lowered Orica from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 1st. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has an average rating of “Sell”.
Check Out Our Latest Stock Report on Orica
Orica Stock Up 13.6%
The stock has a fifty day moving average of $14.87 and a 200 day 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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