Spotting A Winner: Rio Tinto plc ADR (NYSE: RIO) Retreats -2.35 And It Still Have Room To Run

Rio Tinto plc ADR (NYSE:RIO) currently has a daily average trading volume of 2.87M but it saw 8081300 shares traded in last market. With a market cap of 79.48B USD, the company’s current market price of $63.45 came falling about -2.35 while comparing to the previous closing price of $64.98. 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 $63.22 while lowest mark touched by it was $63.99.

Taking a look at 20-day trading activity of Rio Tinto plc ADR (RIO) gives us an average price of $62.87, while its current price level is -15.50% below from 52-week high level whereas it is 6.91% 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 $64.60 while that of 200 days or SMA-200 reads an average of $65.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.35% 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 49.06 which implies that the stock is in neutral territory.

Over the week, RIO’s stock price is moving -0.11% down while it is 3.68% when we observe its performance for the past one month. Year-to-date it is -14.79% down and over the past year, the stock is showing a downside performance of -8.63%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 6.91.

Currently, Rio Tinto plc ADR’s total number of outstanding shares is 1.25B with 0.00% of that held by the insiders while 10.69% of its common stock has been owned by the institutions. 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 9.67 while having a 9.21 of forward P/E ratio. Stock’s beta reads 0.66. Stock has a price to book (P/B) ratio of 1.86 while price to sale or P/S ratio amounts to 1.47. Its return on asset (ROA) is 10.74% on average.