Vale S.A. ADR (NYSE: VALE) Drops -3.03% Over A Month, But Analysts Still See Upside Potential

Vale S.A. ADR (NYSE:VALE) currently has a daily average trading volume of 28.14M but it saw 25799711 shares traded in last market. With a market cap of 50.91B USD, the company’s current market price of $11.84 came falling about -0.08 while comparing to the previous closing price of $11.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.08 and as low as $11.52.

Taking a look at 20-day trading activity of Vale S.A. ADR (VALE) gives us an average price of $12.10, while its current price level is -26.37% below from 52-week high level whereas it is 2.78% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.69 while that of 200 days or SMA-200 reads an average of $13.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.32% during that period while stretching the period over a month that decreases to 2.04%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.15 which implies that the stock is in neutral territory.

Over the week, VALE’s stock price is moving -2.71% down while it is -3.03% when we observe its performance for the past one month. Year-to-date it is -25.35% down and over the past year, the stock is showing a downside performance of -21.90%.

Currently, Vale S.A. ADR’s total number of outstanding shares is 4.30B. Company’s return on investment (ROI) stands at 15.36% and return on equity (ROE) at 21.44%. It has a price to earnings ratio (P/E ratio) of 6.44 while having a 5.28 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 1.30 while price to sale or P/S ratio amounts to 1.22. Its return on asset (ROA) is 8.92% on average.