Spotting A Winner: Rio Tinto plc ADR (NYSE: RIO) Retreats -1.11 And It Still Have Room To Run

Rio Tinto plc ADR (NYSE:RIO) currently has a daily average trading volume of 2.72M but it saw 10452242 shares traded in last market. With a market cap of 74.90B USD, the company’s current market price of $59.79 came falling about -1.11 while comparing to the previous closing price of $60.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $74.24 and as low as $57.85. In the recent trading on the day, stock has struck highest price mark of $58.56 while lowest mark touched by it was $61.24.

Taking a look at 20-day trading activity of Rio Tinto plc ADR (RIO) gives us an average price of $59.19, while its current price level is -19.46% below from 52-week high level whereas it is 3.35% 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 $61.54 while that of 200 days or SMA-200 reads an average of $65.07. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.08% during that period while stretching the period over a month that decreases to 1.46%. 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 46.91 which implies that the stock is in neutral territory.

Over the week, RIO’s stock price is moving 1.98% up while it is -3.89% when we observe its performance for the past one month. Year-to-date it is 1.67% up and over the past year, the stock is showing a downside performance of -13.46%.

Currently, Rio Tinto plc ADR’s total number of outstanding shares is 1.25B with 0.00% of that held by the insiders while 10.86% 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 9.11 while having a 8.75 of forward P/E ratio. Stock’s beta reads 0.67. Stock has a price to book (P/B) ratio of 1.75 while price to sale or P/S ratio amounts to 1.39. Its return on asset (ROA) is 10.74% on average.