Rio Tinto plc ADR (NYSE: RIO) has a higher price-to-earnings ratio of 12.83x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.73. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”

The average price point forecasted by analysts for Rio Tinto plc ADR (RIO) is $84.67, which is $15.41 above the current market price. The public float for RIO is 1.25B, and currently, short sellers hold a 0.64% ratio of that float. The average trading volume of RIO on November 20, 2023 was 3.11M shares.

RIO) stock’s latest price update

Rio Tinto plc ADR (NYSE: RIO) has experienced a rise in its stock price by 1.57 compared to its previous closing price of 68.19. However, the company has seen a gain of 5.61% in its stock price over the last five trading days. Reuters reported 2023-11-17 that Rio Tinto, agreed to pay a $28 million civil fine to settle a U.S. Securities and Exchange Commission lawsuit that had accused the Anglo-Australian mining company of fraud in its handling of a failed investment in a Mozambique coal project.

RIO’s Market Performance

RIO’s stock has risen by 5.61% in the past week, with a monthly rise of 14.37% and a quarterly rise of 14.82%. The volatility ratio for the week is 0.93% while the volatility levels for the last 30 days are 1.28% for Rio Tinto plc ADR The simple moving average for the past 20 days is 6.40% for RIO’s stock, with a 6.13% simple moving average for the past 200 days.

RIO Trading at 8.40% from the 50-Day Moving Average

After a stumble in the market that brought RIO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.98% of loss for the given period.

Volatility was left at 1.28%, however, over the last 30 days, the volatility rate increased by 0.93%, as shares surge +14.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.23% upper at present.

During the last 5 trading sessions, RIO rose by +5.40%, which changed the moving average for the period of 200-days by -7.48% in comparison to the 20-day moving average, which settled at $65.53. In addition, Rio Tinto plc ADR saw -2.72% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for RIO

Current profitability levels for the company are sitting at:

• +30.00 for the present operating margin
• +32.87 for the gross margin

The net margin for Rio Tinto plc ADR stands at +22.36. The total capital return value is set at 25.67, while invested capital returns managed to touch 20.57. Equity return is now at value 17.23, with 8.82 for asset returns.

Based on Rio Tinto plc ADR (RIO), the company’s capital structure generated 24.46 points at debt to equity in total, while total debt to capital is 19.65. Total debt to assets is 12.68, with long-term debt to equity ratio resting at 22.03. Finally, the long-term debt to capital ratio is 17.70.

When we switch over and look at the enterprise to sales, we see a ratio of 2.09, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 17.68 and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.

Conclusion

To put it simply, Rio Tinto plc ADR (RIO) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.