Vale S.A. ADR (NYSE:VALE) currently has a daily average trading volume of 29.12M but it saw 25878711 shares traded in last market. With a market cap of 36.29B USD, the company’s current market price of $8.50 came falling about -0.70 while comparing to the previous closing price of $8.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.62 and as low as $8.52. In the recent trading on the day, stock has struck highest price mark of $8.42 while lowest mark touched by it was $8.51.
Taking a look at 20-day trading activity of Vale S.A. ADR (VALE) gives us an average price of $8.99, while its current price level is -41.87% below from 52-week high level whereas it is -0.23% 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 $9.71 while that of 200 days or SMA-200 reads an average of $10.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.98% during that period while stretching the period over a month that increases to 2.05%. 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 26.60 which implies that the stock is in oversold territory.
Morgan Stanley downgraded its recommendation for the stock as a “Equal-Weight” from “Overweight” on December 12, 2024 while assigning a price target range of $14.50-$11.30. UBS issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $14 and $11.50.
Over the week, VALE’s stock price is moving -4.17% down while it is -8.38% when we observe its performance for the past one month. Year-to-date it is -4.17% down and over the past year, the stock is showing a downside performance of -41.75%.
Currently, Vale S.A. ADR’s total number of outstanding shares is 4.27B. Company’s return on investment (ROI) stands at 18.07% and return on equity (ROE) at 24.39%. It has a price to earnings ratio (P/E ratio) of 3.92 while having a 4.63 of forward P/E ratio. Stock’s beta reads 0.91. Stock has a price to book (P/B) ratio of 0.95 while price to sale or P/S ratio amounts to 0.89. Its return on asset (ROA) is 10.46% on average.
