It’s Not A Fantasy To Think That Rio Tinto plc ADR (RIO) Has Big Future Potential

Rio Tinto plc ADR (NYSE:RIO) currently has a daily average trading volume of 3.22M but it saw 2162969 shares traded in last market. With a market cap of 73.41B USD, the company’s current market price of $58.55 came falling about -1.43 while comparing to the previous closing price of $59.40. 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 $58.49 while lowest mark touched by it was $59.65.

Taking a look at 20-day trading activity of Rio Tinto plc ADR (RIO) gives us an average price of $57.86, while its current price level is -21.13% below from 52-week high level whereas it is 13.32% 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 $60.46 while that of 200 days or SMA-200 reads an average of $62.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.42% during that period while stretching the period over a month that increases to 2.57%. 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 46.48 which implies that the stock is in neutral territory.

Over the week, RIO’s stock price is moving -5.09% down while it is -2.79% when we observe its performance for the past one month. Year-to-date it is -0.44% down and over the past year, the stock is showing a downside performance of -15.16%.

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 6.17.

Currently, Rio Tinto plc ADR’s total number of outstanding shares is 1.25B with 0.00% of that held by the insiders while 10.58% 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 8.32 while having a 9.38 of forward P/E ratio. Stock’s beta reads 0.72. Stock has a price to book (P/B) ratio of 1.72 while price to sale or P/S ratio amounts to 1.37. Its return on asset (ROA) is 11.14% on average.