Some Investing Thoughts On Rio Tinto plc ADR (NYSE: RIO)

Rio Tinto plc ADR (RIO) concluded trading on Wednesday at a closing price of $58.63, with 4.58 million shares of worth about $268.58 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.13% during that period and on January 08, 2025 the price saw a gain of about 0.76%. Currently the company’s common shares owned by public are about 1.25B shares, out of which, 1.25B shares are available for trading.

Stock saw a price change of -0.31% in past 5 days and over the past one month there was a price change of -5.60%. Year-to-date (YTD), RIO shares are showing a performance of -0.31% which decreased to -19.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $58.03 but also hit the highest price of $74.24 during that period. The average intraday trading volume for Rio Tinto plc ADR shares is 2.80 million. The stock is currently trading -2.41% below its 20-day simple moving average (SMA20), while that difference is down -5.64% for SMA50 and it goes to -10.02% lower than SMA200.

Rio Tinto plc ADR (NYSE: RIO) currently have 1.25B outstanding shares and institutions hold larger chunk of about 10.60% of that.

The stock has a current market capitalization of $73.44B and its 3Y-monthly beta is at 0.67. PE ratio of stock for trailing 12 months is 8.94, while it has posted earnings per share of $6.56 in the same period. It has Quick Ratio of 1.16 while making debt-to-equity ratio of 0.26. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RIO, volatility over the week remained 1.33% while standing at 1.24% over the month.

Stock’s fiscal year EPS is expected to drop by -4.69% while it is estimated to decrease by -1.09% in next year. EPS is likely to shrink at an annualized rate of -9.24% for next 5-years, compared to annual growth of -4.80% made by the stock over the past 5-years.

Stock get a Hold rating from Liberum on March 05, 2024.

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