Rio Tinto plc ADR (RIO) average volume reaches $2.32M: Is Wall Street expecting a rally?

On Friday, Rio Tinto plc ADR (NYSE: RIO) opened higher 1.13% from the last session, before settling in for the closing price of $64.33. Price fluctuations for RIO have ranged from $58.27 to $75.09 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Basic Materials Sector giant saw their annual sales surged by 7.39% over the last five years. Company’s average yearly earnings per share was noted 1.41% at the time writing. With a float of $1.25 billion, this company’s outstanding shares have now reached $1.25 billion.

The firm has a total of 57174 workers. Let’s measure their productivity.

Rio Tinto plc ADR (RIO) Insider Activity

A key investor’s attitude towards the stock of the Other Industrial Metals & Mining industry is another important factor to consider. The insider ownership of Rio Tinto plc ADR is 0.00%, while institutional ownership is 10.72%.

Rio Tinto plc ADR (RIO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 1.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.30% during the next five years compared to -4.80% drop over the previous five years of trading.

Rio Tinto plc ADR (NYSE: RIO) Trading Performance Indicators

Check out the current performance indicators for Rio Tinto plc ADR (RIO). In the past quarter, the stock posted a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51. Likewise, its price to free cash flow for the trailing twelve months is 9.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.14 and is forecasted to reach 7.17 in one year’s time.

Technical Analysis of Rio Tinto plc ADR (RIO)

Analysing the last 5-days average volume posted by the [Rio Tinto plc ADR, RIO], we can find that recorded value of 2.63 million was lower than the volume posted last year of 2.69 million. As of the previous 9 days, the stock’s Stochastic %D was 31.16%. Additionally, its Average True Range was 1.09.

During the past 100 days, Rio Tinto plc ADR’s (RIO) raw stochastic average was set at 30.40%, which indicates a significant decrease from 36.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.08% in the past 14 days, which was lower than the 20.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $67.78, while its 200-day Moving Average is $67.42. Now, the first resistance to watch is $65.47. This is followed by the second major resistance level at $65.88. The third major resistance level sits at $66.30. If the price goes on to break the first support level at $64.63, it is likely to go to the next support level at $64.21. Should the price break the second support level, the third support level stands at $63.80.

Rio Tinto plc ADR (NYSE: RIO) Key Stats

There are currently 1,252,575K shares outstanding in the company with a market cap of 81.48 billion. Presently, the company’s annual sales total 54,041 M according to its annual income of 10,058 M.