Rio Tinto plc ADR (NYSE:RIO) shares, rose in value, with the stock price down by -1.58% to the previous day’s close as strong demand from buyers drove the stock to $64.86.
Actively observing the price movement in the recent trading, the stock is buoying the session at $65.90, falling within a range of $64.63 and $65.43. The value of beta (5-year monthly) is 0.594 whereas the PE ratio is 9.89 over 12-month period. Referring to stock’s 52-week performance, its high was $75.09, and the low was $59.35. On the whole, RIO has fluctuated by -8.42% over the past month.
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With the market capitalization of Rio Tinto plc ADR currently standing at about $81.24 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2007-Jul-18. The company’s Forward Dividend Ratio is 4.35, with its dividend yield at 6.71%.
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% Sell.
The stock’s technical analysis shows that the price of RIO currently trading nearly -2.12% and -0.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.14, while the 7-day volatility ratio is showing 1.02% which for the 30-day chart, stands at 1.10%. Furthermore, Rio Tinto plc ADR (RIO)’s beta value is 0.68, and its average true range (ATR) is 1.10.
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 -1.58% in today’s session so far, and over the past year, it grew by 0.81%%.
Data on historical trading for Rio Tinto plc ADR (NYSE:RIO) indicates that the trading volumes over the past 10 days have averaged 2.33 and over the past 3 months, they’ve averaged 2.90 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 10.62% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.54 million shares as on 2024-10-15, resulting in a short ratio of 3.31. The stock has fallen by -12.89% 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.
