Rio Tinto plc ADR (NYSE: RIO) has a price-to-earnings ratio that is above its average at 11.41x. The stock has a 36-month beta value of 0.72. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for RIO is 1.25B, and at present, short sellers hold a 0.44% of that float. On May 08, 2024, the average trading volume of RIO was 3.04M shares.
RIO) stock’s latest price update
Rio Tinto plc ADR (NYSE: RIO) has experienced a rise in its stock price by 0.32 compared to its previous closing price of 69.82. However, the company has seen a gain of 3.26% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-07 that Rio Tinto Group offers an attractive investment opportunity with a high dividend yield and potential for significant returns. The company’s stock has been on a bullish trend since the 2020 low, nearly doubling in value. Rio Tinto is a leading copper producer that has diversified commodity exposure in a bullish raw materials environment.
RIO’s Market Performance
Rio Tinto plc ADR (RIO) has experienced a 3.26% rise in stock performance for the past week, with a 5.99% rise in the past month, and a 2.52% rise in the past quarter. The volatility ratio for the week is 1.11%, and the volatility levels for the past 30 days are at 1.59% for RIO. The simple moving average for the last 20 days is 3.89% for RIO’s stock, with a simple moving average of 6.04% for the last 200 days.
RIO Trading at 7.47% 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 -6.72% of loss for the given period.
Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 1.11%, as shares surge +4.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.34% upper at present.
During the last 5 trading sessions, RIO rose by +3.26%, which changed the moving average for the period of 200-days by +5.35% in comparison to the 20-day moving average, which settled at $67.55. In addition, Rio Tinto plc ADR saw -5.94% 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:
- 0.28 for the present operating margin
- 0.28 for the gross margin
The net margin for Rio Tinto plc ADR stands at 0.17. The total capital return value is set at 0.25. Equity return is now at value 19.13, with 10.00 for asset returns.
Based on Rio Tinto plc ADR (RIO), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 1.56. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 13.01.
Currently, EBITDA for the company is 22.05 billion with net debt to EBITDA at 0.18. When we switch over and look at the enterprise to sales, we see a ratio of 1.53. The receivables turnover for the company is 23.3for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
To sum up, Rio Tinto plc ADR (RIO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
