With 1.25B Outstanding Shares, Can Rio Tinto plc ADR (NYSE: RIO) Deliver Big Short-Term Gains?

Rio Tinto plc ADR (NYSE:RIO) currently has a daily average trading volume of 2.33M but it saw 3197184 shares traded in last market. With a market cap of 79.51B USD, the company’s current market price of $63.49 came falling about -2.56 while comparing to the previous closing price of $65.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $75.09 and as low as $58.27.

Taking a look at 20-day trading activity of Rio Tinto plc ADR (RIO) gives us an average price of $65.55, while its current price level is -15.45% below from 52-week high level whereas it is 8.96% 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 $67.13 while that of 200 days or SMA-200 reads an average of $67.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.55% during that period while stretching the period over a month that decreases to 1.37%. 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 39.68 which implies that the stock is in neutral territory.

Over the week, RIO’s stock price is moving -1.31% down while it is -3.82% when we observe its performance for the past one month. Year-to-date it is -14.73% down and over the past year, the stock is showing a downside performance of -3.17%.

Currently, Rio Tinto plc ADR’s total number of outstanding shares is 1.25B. Company’s return on investment (ROI) stands at 15.80% and return on equity (ROE) at 19.13%. It has a price to earnings ratio (P/E ratio) of 10.34 while having a 8.85 of forward P/E ratio. Stock’s beta reads 0.70. Stock has a price to book (P/B) ratio of 1.89 while price to sale or P/S ratio amounts to 1.47. Its return on asset (ROA) is 10.00% on average.