Vale S.A. ADR (NYSE:VALE) shares, rose in value, with the stock price up by 1.31% to the previous day’s close as strong demand from buyers drove the stock to $12.37.
Actively observing the price movement in the last trading, the stock closed the session at $12.21. The PE ratio was 6.73 over 12-month period. Referring to stock’s 52-week performance, its high was $16.08, and the low was $11.52. On the whole, VALE has fluctuated by 1.73% over the past month.
The company’s Forward Dividend Ratio is 0.39, with its dividend yield at 3.14%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 41.04B, with a low estimate of 7.93B and a high estimate of 9.26B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 8.62B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VALE’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VALE currently trading nearly 2.29% and -1.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.83, while the 7-day volatility ratio is showing 2.56% which for the 30-day chart, stands at 2.26%. Furthermore, Vale S.A. ADR (VALE)’s beta value is 0.97, and its average true range (ATR) is 0.31.
A comparison of Vale S.A. ADR (VALE) with its peers suggests the former has fared considerably weaker in the market. VALE showed an intraday change of 1.31% in last session, and over the past year, it shrunk by -8.99%%.
Data on historical trading for Vale S.A. ADR (NYSE:VALE) indicates that the trading volumes over the past 3 months, they’ve averaged 27.94 million. According to company’s latest data on outstanding shares, there are 4.30 billion shares outstanding.
Nearly 0.00% of Vale S.A. ADR’s shares belong to company insiders and institutional investors own 18.03% of the company’s shares. The stock has fallen by -22.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VALE stock heading into the next quarter.
