Rio Tinto plc ADR (NYSE:RIO) price closed lower on Tuesday, April 16, dropping -1.62% below its previous close.
A look at the daily price movement shows that the last close reads $66.77. The company’s 5Y monthly beta was ticking 0.65 while its P/E ratio in the trailing 12-month period read 10.70. Taking into account the 52-week price action we note that the stock hit a 52-week high of $75.09 and 52-week low of $58.27. The stock added 5.64% on its value in the past month.
Rio Tinto plc ADR, which has a market valuation of $82.26 billion. The company stock has a Forward Dividend ratio of 4.35, while the dividend yield is 6.62%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give RIO a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that RIO’s price is at present 2.01% off the SMA20 and 0.95% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 53.24, with weekly volatility standing at 2.06%. The indicator jumps to 1.55% when calculated based on the past 30 days. Rio Tinto plc ADR (NYSE:RIO)’s beta value is holding at 0.71, while the average true range (ATR) indicator is currently reading 1.48.
An analysis of the Rio Tinto plc ADR (NYSE:RIO) stock in terms of its daily trading volume indicates that the 3-month average is 3.04 million.
Current records show that the company has 1.25B in outstanding shares. The insiders’ percentage holdings are 0.00% of outstanding shares while the percentage share held by institutions stands at 10.58%. But the -11.78% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
