Rio Tinto plc ADR (NYSE: RIO) – Time For Strategy Change?

Rio Tinto plc ADR (NYSE:RIO) currently has a daily average trading volume of 3.36M but it saw 6257172 shares traded in last market. With a market cap of 69.72B USD, the company’s current market price of $55.61 came rising about 6.29 while comparing to the previous closing price of $52.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $74.24 and as low as $51.67. In the recent trading on the day, stock has struck highest price mark of $52.28 while lowest mark touched by it was $56.03.

Taking a look at 20-day trading activity of Rio Tinto plc ADR (RIO) gives us an average price of $60.38, while its current price level is -25.09% below from 52-week high level whereas it is 7.63% 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 $61.37 while that of 200 days or SMA-200 reads an average of $63.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.32% during that period while stretching the period over a month that decreases to 2.29%. 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 35.97 which implies that the stock is in neutral territory.

Over the week, RIO’s stock price is moving -7.16% down while it is -10.09% when we observe its performance for the past one month. Year-to-date it is -5.44% down and over the past year, the stock is showing a downside performance of -15.84%.

The company is expected to be releasing its next quarterly report on 2007-Jul-17, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 6.15.

Currently, Rio Tinto plc ADR’s total number of outstanding shares is 1.25B with 0.00% of that held by the insiders while 10.57% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 16.76% and return on equity (ROE) at 20.93%. It has a price to earnings ratio (P/E ratio) of 7.90 while having a 8.70 of forward P/E ratio. Stock’s beta reads 0.76. Stock has a price to book (P/B) ratio of 1.63 while price to sale or P/S ratio amounts to 1.31. Its return on asset (ROA) is 11.14% on average.