Rio Tinto plc ADR (NYSE:RIO) shares, rose in value, with the stock price up by 1.85% to the previous day’s close as strong demand from buyers drove the stock to $64.46.
Actively observing the price movement in the recent trading, the stock is buoying the session at $63.29, falling within a range of $64.16 and $64.73. The value of beta (5-year monthly) is 0.617 whereas the PE ratio is 9.83 over 12-month period. Referring to stock’s 52-week performance, its high was $74.24, and the low was $57.85. On the whole, RIO has fluctuated by 6.62% over the past month.
With the market capitalization of Rio Tinto plc ADR currently standing at about $80.76 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 4.35, with its dividend yield at 6.75%.
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 Hold 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 Hold.
The stock’s technical analysis shows that the price of RIO currently trading nearly 4.75% and 5.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.26, while the 7-day volatility ratio is showing 1.45% which for the 30-day chart, stands at 1.58%. Furthermore, Rio Tinto plc ADR (RIO)’s beta value is 0.63, and its average true range (ATR) is 1.14.
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 1.85% in today’s session so far, and over the past year, it shrunk by -3.29%%.
Data on historical trading for Rio Tinto plc ADR (NYSE:RIO) indicates that the trading volumes over the past 10 days have averaged 2.44 and over the past 3 months, they’ve averaged 2.94 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 10.37% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.54 million shares as on 2025-01-31, resulting in a short ratio of 2.45. According to the data, the short interest in Rio Tinto plc ADR (RIO) stood at 80.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 9.18 million. The stock has risen by 9.61% 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.
