Rio Tinto plc ADR (RIO) At $67.47 Offering A Unique Opportunity

Rio Tinto plc ADR (NYSE:RIO) currently has a daily average trading volume of 2.75M but it saw 4383516 shares traded in last market. With a market cap of 84.50B USD, the company’s current market price of $67.47 came rising about 3.28 while comparing to the previous closing price of $65.33. 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 $67.42 while lowest mark touched by it was $68.18.

Taking a look at 20-day trading activity of Rio Tinto plc ADR (RIO) gives us an average price of $65.74, while its current price level is -10.15% below from 52-week high level whereas it is 13.68% 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 $65.38 while that of 200 days or SMA-200 reads an average of $66.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.15% during that period while stretching the period over a month that decreases to 1.12%. 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 58.31 which implies that the stock is in neutral territory.

Over the week, RIO’s stock price is moving 3.98% up while it is 1.69% when we observe its performance for the past one month. Year-to-date it is -9.39% down and over the past year, the stock is showing an upside performance of 4.28%.

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 10.29 while having a 9.88 of forward P/E ratio. Stock’s beta reads 0.69. Stock has a price to book (P/B) ratio of 1.98 while price to sale or P/S ratio amounts to 1.57. Its return on asset (ROA) is 10.74% on average.