$30.90M in average volume shows that Vale S.A. ADR (VALE) is heading in the right direction

Steve Mayer

Vale S.A. ADR (NYSE: VALE) on Friday, soared 0.80% from the previous trading day, before settling in for the closing price of $12.51. Within the past 52 weeks, VALE’s price has moved between $8.06 and $12.60.

The company achieved an average annual earnings per share of 36.25%. With a float of $4.27 billion, this company’s outstanding shares have now reached $4.27 billion.

Vale S.A. ADR (VALE) Insider Activity

Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The insider ownership of Vale S.A. ADR is 0.01%, while institutional ownership is 17.26%.

Vale S.A. ADR (VALE) Earnings and Forecasts

As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.2 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.52) by -0.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.

Vale S.A. ADR (NYSE: VALE) Trading Performance Indicators

Vale S.A. ADR (VALE) is currently performing well based on its current performance indicators. A quick ratio of 0.82 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44. Likewise, its price to free cash flow for the trailing twelve months is 17.74.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.27, a number that is poised to hit 0.54 in the next quarter and is forecasted to reach 1.88 in one year’s time.

Technical Analysis of Vale S.A. ADR (VALE)

Looking closely at Vale S.A. ADR (NYSE: VALE), its last 5-days average volume was 28.71 million, which is a drop from its year-to-date volume of 35.27 million. As of the previous 9 days, the stock’s Stochastic %D was 91.42%.

During the past 100 days, Vale S.A. ADR’s (VALE) raw stochastic average was set at 96.73%, which indicates a significant increase from 87.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.21 in the past 14 days, which was higher than the 0.18 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.57, while its 200-day Moving Average is $10.22. However, in the short run, Vale S.A. ADR’s stock first resistance to watch stands at $12.71. Second resistance stands at $12.80. The third major resistance level sits at $12.89. If the price goes on to break the first support level at $12.53, it is likely to go to the next support level at $12.44. Should the price break the second support level, the third support level stands at $12.35.

Vale S.A. ADR (NYSE: VALE) Key Stats

Market capitalization of the company is 53.83 billion based on 4,539,007K outstanding shares. Right now, sales total 38,056 M and income totals 6,166 M. The company made 10,420 M in profit during its latest quarter, and 2,685 M in sales during its previous quarter.

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