The trading price of Rio Tinto plc ADR (NYSE:RIO) floating lower at last check on Tuesday, April 23, closing at $66.54, -0.98% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 10.84. In examining the 52-week price action we see that the stock hit a 52-week high of $75.09 and a 52-week low of $58.27. Over the past month, the stock has gained 5.62% in value.
Rio Tinto plc ADR, whose market valuation is $83.32 billion at the time of this writing. The dividend yield on the company stock is 6.54%, while its Forward Dividend ratio is 4.35. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0 per share this quarter, however they have predicted annual earnings per share of $0 for 1970 and $0 for 1970.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Rio Tinto plc ADR no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest RIO has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently Hold.
A quick review shows that RIO’s price is currently 1.97% off the SMA20 and 2.50% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.25, and weekly volatility stands at 1.68%. When measured over the past 30 days, the indicator reaches 1.65%. Rio Tinto plc ADR (NYSE:RIO)’s beta value is currently sitting at 0.70, while the Average True Range indicator is currently displaying 1.45.
To see how Rio Tinto plc ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: RIO stock’s performance was -0.98% at last check in today’s session, and 3.03% in the past year. Rio Tinto plc ADR has a P/E ratio of 10.84.
An evaluation of the daily trading volume of Rio Tinto plc ADR (NYSE:RIO) indicates that the 3-month average is 3.06 million.
Currently, records show that 1.25 billion of the company’s shares remain outstanding. The insiders hold 0.00% of outstanding shares, whereas institutions hold 10.60%. However, since the stock’s price has seen -10.64% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
