Rio Tinto plc ADR (NYSE:RIO) shares, rose in value on Friday, April 26, with the stock price up by 0.36% to the previous day’s close as strong demand from buyers drove the stock to $68.03.
Actively observing the price movement in the recent trading, the stock is buoying the session at $67.78. The PE ratio was 11.08 over 12-month period. Referring to stock’s 52-week performance, its high was $75.09, and the low was $58.27. On the whole, RIO has fluctuated by 7.19% over the past month.
The company’s Forward Dividend Ratio is 4.35, with its dividend yield at 6.39%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RIO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of RIO currently trading nearly 3.17% and 4.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.82, while the 7-day volatility ratio is showing 1.57% which for the 30-day chart, stands at 1.72%. Furthermore, Rio Tinto plc ADR (RIO)’s beta value is 0.71, and its average true range (ATR) is 1.44.
A comparison of Rio Tinto plc ADR (RIO) with its peers suggests the former has fared considerably weaker in the market. RIO showed an intraday change of 0.36% in today’s session so far, and over the past year, it grew by 8.08%%.
Data on historical trading for Rio Tinto plc ADR (NYSE:RIO) indicates that the trading volumes over the past 3 months, they’ve averaged 3.03 million. According to company’s latest data on outstanding shares, there are 1.25 billion shares outstanding.
Nearly 0.00% of Rio Tinto plc ADR’s shares belong to company insiders and institutional investors own 10.60% of the company’s shares. The stock has fallen by -8.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RIO stock heading into the next quarter.
