The stock of Vale S.A. (VALE) has seen a -6.65% decrease in the past week, with a -8.32% drop in the past month, and a -4.98% decrease in the past quarter. The volatility ratio for the week is 2.80%, and the volatility levels for the past 30 days are at 2.48% for VALE. The simple moving average for the last 20 days is -7.48% for VALE stock, with a simple moving average of 2.27% for the last 200 days.
Is It Worth Investing in Vale S.A. (NYSE: VALE) Right Now?
The price-to-earnings ratio for Vale S.A. (NYSE: VALE) is above average at 4.29x. The 36-month beta value for VALE is also noteworthy at 0.89.
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The public float for VALE is 3.89B, and at present, short sellers hold a 1.26% of that float. The average trading volume of VALE on March 16, 2023 was 22.27M shares.
VALE) stock’s latest price update
Vale S.A. (NYSE: VALE)’s stock price has decreased by -0.29 compared to its previous closing price of 15.42. Despite this, the company has seen a fall of -6.65% in its stock price over the last five trading days. The Wall Street Journal reported on 02/08/23 that GM Looks to Deepen Mining Ties With Stake in Brazil’s Vale
Analysts’ Opinion of VALE
The stock of Vale S.A. (VALE) has seen a -6.65% decrease in the past week, with a -8.32% drop in the past month, and a -4.98% decrease in the past quarter. The volatility ratio for the week is 2.80%, and the volatility levels for the past 30 days are at 2.48% for VALE. The simple moving average for the last 20 days is -7.48% for VALE stock, with a simple moving average of 2.27% for the last 200 days.
Analysts’ Opinion of VALE
Many brokerage firms have already submitted their reports for VALE stocks, with JP Morgan repeating the rating for VALE by listing it as a “Neutral.” The predicted price for VALE in the upcoming period, according to JP Morgan is $17.50 based on the research report published on February 09th of the current year 2023.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see VALE reach a price target of $15, previously predicting the price at $16. The rating they have provided for VALE stocks is “Sector Perform” according to the report published on February 06th, 2023.
VALE Trading at -11.05% from the 50-Day Moving Average
After a stumble in the market that brought VALE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.97% of loss for the given period.
Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 2.80%, as shares sank -9.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.09% lower at present.
During the last 5 trading sessions, VALE fell by -6.77%, which changed the moving average for the period of 200-days by -15.12% in comparison to the 20-day moving average, which settled at $16.53. In addition, Vale S.A. saw -9.40% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for VALE
Current profitability levels for the company are sitting at:
- +40.96 for the present operating margin
- +44.59 for the gross margin
The net margin for Vale S.A. stands at +38.01. Equity return is now at value 52.50, with 21.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.
Conclusion
In summary, Vale S.A. (VALE) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
