Vale S.A. ADR (NYSE:VALE) shares, rose in value, with the stock price down by -2.11% to the previous day’s close as strong demand from buyers drove the stock to $9.27.
Actively observing the price movement in the recent trading, the stock is buoying the session at $9.47, falling within a range of $9.25 and $9.3753. The value of beta (5-year monthly) is 0.918 whereas the PE ratio is 4.27 over 12-month period. Referring to stock’s 52-week performance, its high was $15.37, and the low was $9.25. On the whole, VALE has fluctuated by -5.43% over the past month.
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With the market capitalization of Vale S.A. ADR currently standing at about $39.57 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.52, with its dividend yield at 5.60%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 38.57B, with a low estimate of 10.53B and a high estimate of 11.18B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 10.81B.
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 100% 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 0.74, with the price of VALE currently trading nearly -4.56% and -9.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.30, while the 7-day volatility ratio is showing 2.41% which for the 30-day chart, stands at 1.78%. Furthermore, Vale S.A. ADR (VALE)’s beta value is 0.91, and its average true range (ATR) is 0.25.
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 -2.11% in today’s session so far, and over the past year, it shrunk by -34.64%%.
Data on historical trading for Vale S.A. ADR (NYSE:VALE) indicates that the trading volumes over the past 10 days have averaged 32.91 and over the past 3 months, they’ve averaged 31.30 million. According to company’s latest data on outstanding shares, there are 4.27 billion shares outstanding.
Nearly 0.00% of Vale S.A. ADR’s shares belong to company insiders and institutional investors own 15.36% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 67.43 million shares as on 2024-11-29, resulting in a short ratio of 2.52. According to the data, the short interest in Vale S.A. ADR (VALE) stood at 158.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 76.58 million. The stock has fallen by -38.84% 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.
