Look Past The Setbacks And Give Rio Tinto plc ADR (NYSE: RIO) Another Chance

money audit

Rio Tinto plc ADR (NYSE:RIO) currently has a daily average trading volume of 2.94M but it saw 2534228 shares traded in last market. With a market cap of 80.92B USD, the company’s current market price of $64.61 came rising about 0.19 while comparing to the previous closing price of $64.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $75.09 and as low as $59.35. In the recent trading on the day, stock has struck highest price mark of $64.066 while lowest mark touched by it was $64.84.

Taking a look at 20-day trading activity of Rio Tinto plc ADR (RIO) gives us an average price of $67.54, while its current price level is -13.96% below from 52-week high level whereas it is 8.86% 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 $64.80 while that of 200 days or SMA-200 reads an average of $66.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.92% during that period while stretching the period over a month that increases to 1.14%. 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 42.13 which implies that the stock is in neutral territory.

Over the week, RIO’s stock price is moving -0.74% down while it is -4.52% when we observe its performance for the past one month. Year-to-date it is -13.23% down and over the past year, the stock is showing an upside performance of 3.51%.

Currently, Rio Tinto plc ADR’s total number of outstanding shares is 1.25B. Company’s return on investment (ROI) stands at 15.65% and return on equity (ROE) at 20.04%. It has a price to earnings ratio (P/E ratio) of 9.85 while having a 9.45 of forward P/E ratio. Stock’s beta reads 0.69. Stock has a price to book (P/B) ratio of 1.89 while price to sale or P/S ratio amounts to 1.50. Its return on asset (ROA) is 10.74% on average.