Vale S.A. ADR (NYSE:VALE) shares, rose in value, with the stock price up by 0.75% to the previous day’s close as strong demand from buyers drove the stock to $9.44.
Actively observing the price movement in the last trading, the stock closed the session at $9.37. The PE ratio was 6.95 over 12-month period. Referring to stock’s 52-week performance, its high was $11.93, and the low was $8.06. On the whole, VALE has fluctuated by -1.67% over the past month.
With the market capitalization of Vale S.A. ADR currently standing at about $40.30 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.37, with its dividend yield at 3.95%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 37.86B, with a low estimate of 9.07B and a high estimate of 10.09B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 9.54B.
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 25% Sell 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 75% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.76, with the price of VALE currently trading nearly -1.04% and -1.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.43, while the 7-day volatility ratio is showing 1.11% which for the 30-day chart, stands at 1.20%. Furthermore, Vale S.A. ADR (VALE)’s beta value is 0.80, and its average true range (ATR) is 0.21.
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 0.75% in last session, and over the past year, it shrunk by -21.57%%.
Data on historical trading for Vale S.A. ADR (NYSE:VALE) indicates that the trading volumes over the past 3 months, they’ve averaged 31.86 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 16.81% of the company’s shares. The stock has risen by 6.43% 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.
