The Week Ahead: Are Investors Really Too Optimistic About Vale S.A. ADR (NYSE: VALE)

Vale S.A. ADR (NYSE:VALE) currently has a daily average trading volume of 34.15M but it saw 34040461 shares traded in last market. With a market cap of 41.66B USD, the company’s current market price of $9.76 came falling about -1.31 while comparing to the previous closing price of $9.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.07 and as low as $8.38.

Taking a look at 20-day trading activity of Vale S.A. ADR (VALE) gives us an average price of $9.62, while its current price level is -25.35% below from 52-week high level whereas it is 16.47% 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 $9.17 while that of 200 days or SMA-200 reads an average of $10.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.09% during that period while stretching the period over a month that decreases to 1.89%. 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 57.29 which implies that the stock is in neutral 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 0.21% up while it is 6.55% when we observe its performance for the past one month. Year-to-date it is 10.03% up and over the past year, the stock is showing a downside performance of -24.18%.

Currently, Vale S.A. ADR’s total number of outstanding shares is 4.27B. Company’s return on investment (ROI) stands at 12.72% and return on equity (ROE) at 16.72%. It has a price to earnings ratio (P/E ratio) of 6.87 while having a 5.11 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 1.24 while price to sale or P/S ratio amounts to 1.09. Its return on asset (ROA) is 6.99% on average.