Rio Tinto plc ADR (RIO) Stock: Evaluating the Market Performance

The price-to-earnings ratio for Rio Tinto plc ADR (NYSE: RIO) is 9.57x, which is above its average ratio. Moreover, the 36-month beta value for RIO is 0.68. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 0.54% of that float. On August 19, 2024, RIO’s average trading volume was 2.46M shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

RIO) stock’s latest price update

Rio Tinto plc ADR (NYSE: RIO)’s stock price has gone rise by 2.49 in comparison to its previous close of 61.28, however, the company has experienced a -0.80% decrease in its stock price over the last five trading days. invezz.com reported 2024-08-19 that In recent months, FLEX Coin has experienced significant price volatility, reflecting broader turbulence within its parent platform, CoinFLEX. The token, which had reached an all-time high of $8.16 in August 2023, has since plunged by over 90%, currently trading around $0.71.

RIO’s Market Performance

Rio Tinto plc ADR (RIO) has experienced a -0.80% fall in stock performance for the past week, with a -1.53% drop in the past month, and a -14.68% drop in the past quarter. The volatility ratio for the week is 1.01%, and the volatility levels for the past 30 days are at 1.36% for RIO. The simple moving average for the past 20 days is -1.03% for RIO’s stock, with a -6.90% simple moving average for the past 200 days.

RIO Trading at -4.07% 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 -16.36% of loss for the given period.

Volatility was left at 1.36%, however, over the last 30 days, the volatility rate increased by 1.01%, as shares sank -1.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.18% lower at present.

During the last 5 trading sessions, RIO fell by -0.73%, which changed the moving average for the period of 200-days by -2.32% in comparison to the 20-day moving average, which settled at $63.40. In addition, Rio Tinto plc ADR saw -15.65% 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:

  • 0.27 for the present operating margin
  • 0.27 for the gross margin

The net margin for Rio Tinto plc ADR stands at 0.2. The total capital return value is set at 0.16. Equity return is now at value 20.04, with 10.74 for asset returns.

Based on Rio Tinto plc ADR (RIO), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 1.18. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 12.38.

Currently, EBITDA for the company is 22.05 billion with net debt to EBITDA at 0.24. When we switch over and look at the enterprise to sales, we see a ratio of 2.07. The receivables turnover for the company is 13.23for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.70.

Conclusion

To wrap up, the performance of Rio Tinto plc ADR (RIO) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.

Most Popular

Related Posts