Rio Tinto plc ADR (NYSE:RIO) traded at $68.54 at last check on Tuesday, April 30, made a downward move of -0.68% on its previous day’s price.
Looking at the stock we see that its previous close was $69.01. The company has a trailing 12-month PE ratio of 11.16. In terms of its 52-week price range, RIO has a high of $75.09 and a low of $58.27. The company’s stock has gained about 6.79% over that past 30 days.
Rio Tinto plc ADR has a market cap of $85.83 billion. With its Forward Dividend at 4.35 and a yield of 6.35%, the company’s investors could be anxious for the RIO stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the RIO stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 3.22% off its SMA20 and 5.50% from its 50-day simple moving average. The RSI (14) is pointing at 61.50 while the volatility over the past week is 1.51% and jumps to 1.70% over the past one month. The beta value is 0.71, while the average true range (ATR) is currently pointing at 1.33.
Coming back to Rio Tinto plc ADR (NYSE:RIO), we note that the average 3-month trading volume was 3.04 million. Current shares outstanding are 1.25 billion.
The insiders hold 0.00% of the company’s shares while institutions hold 10.61%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -7.95% down in year-to-date price movement.
