Rio Tinto plc ADR (RIO) Stock Price and Analyst Predictions

Rio Tinto plc ADR (NYSE: RIO) has a price-to-earnings ratio that is above its average at 9.54x. The stock has a 36-month beta value of 0.68. 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 0.76% of that float. On November 12, 2024, the average trading volume of RIO was 2.79M shares.

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RIO) stock’s latest price update

Rio Tinto plc ADR (NYSE: RIO)’s stock price has plunge by -2.84relation to previous closing price of 64.43. Nevertheless, the company has seen a -3.71% plunge in its stock price over the last five trading sessions. proactiveinvestors.co.uk reported 2024-11-08 that London-listed Miners faced a blow on Friday as China’s latest attempts to prop up its struggling economy underwhelmed. Copper firm Antofagasta PLC (LSE:ANTO) dropped 4.9% over the course of the morning, as Rio Tinto PLC, Anglo American PLC (LSE:AAL) and Glencore PLC (LSE:GLEN) also sat among the FTSE 100’s losers.

RIO’s Market Performance

Rio Tinto plc ADR (RIO) has seen a -3.71% fall in stock performance for the week, with a -6.89% decline in the past month and a -1.80% plunge in the past quarter. The volatility ratio for the week is 1.33%, and the volatility levels for the past 30 days are at 1.15% for RIO. The simple moving average for the past 20 days is -4.20% for RIO’s stock, with a -5.19% simple moving average for the past 200 days.

RIO Trading at -4.26% 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 -16.63% of loss for the given period.

Volatility was left at 1.15%, however, over the last 30 days, the volatility rate increased by 1.33%, as shares sank -7.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.06% lower at present.

During the last 5 trading sessions, RIO fell by -3.71%, which changed the moving average for the period of 200-days by -11.54% in comparison to the 20-day moving average, which settled at $65.35. In addition, Rio Tinto plc ADR saw -15.93% 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
  • 0.29 for the gross margin

The net margin for Rio Tinto plc ADR stands at 0.2. The total capital return value is set at 0.17. 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 1.21. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is 12.76.

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 2.11. The receivables turnover for the company is 13.89for 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 sum up, Rio Tinto plc ADR (RIO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.

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