Vale S.A. ADR [NYSE: VALE] plunged by -$0.03 during the normal trading session on while it closed the day at $11.45.
Vale S.A. ADR stock has also loss -2.88% of its value over the past 7 days. However, VALE stock has inclined by 3.44% in the 3 months of the year. Over the past six months meanwhile, it has gained 0.64% and lost -25.12% year-on date.
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The market cap for VALE stock reached $48.90 billion, with 4.30 billion shares outstanding and 4.27 billion shares in the current float. Compared to the average trading volume of 29.92M shares, VALE reached a trading volume of 19888293 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Vale S.A. ADR [VALE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VALE shares is $14.79 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VALE stock is a recommendation set at 1.68. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Vale S.A. ADR shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on July 17, 2024. The new note on the price target was released on June 21, 2024, representing the official price target for Vale S.A. ADR stock. Previously, the target price had yet another raise from $13 to $15, while UBS kept a Buy rating on VALE stock.
The Average True Range (ATR) for Vale S.A. ADR is set at 0.29, with the Price to Sales ratio for VALE stock in the period of the last 12 months amounting to 1.16. The Price to Book ratio for the last quarter was 1.32, with the Price to Cash per share for the same quarter was set at 1.53. Price to Free Cash Flow for VALE in the course of the last twelve months was 7.98 with Quick ratio for the last quarter at 0.73.
VALE stock trade performance evaluation
Vale S.A. ADR [VALE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.88. With this latest performance, VALE shares gained by 11.82% in over the last four-week period, additionally plugging by 0.64% over the last 6 months – not to mention a drop of -6.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VALE stock in for the last two-week period is set at 60.80, with the RSI for the last a single of trading hit 60.16, and the three-weeks RSI is set at 58.60 for Vale S.A. ADR [VALE]. The present Moving Average for the last 50 days of trading for this stock 10.61, while it was recorded at 11.62 for the last single week of trading, and 12.20 for the last 200 days.
Vale S.A. ADR [VALE]: An insightful look at the core fundamentals
Vale S.A. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.73 and a Current Ratio set at 1.08.
Vale S.A. ADR [VALE]: Institutional Ownership
The top three institutional holders of VALE stocks are: GOLDMAN SACHS GROUP INC with ownership of 44.26 million shares, which is approximately 1.0328%. CAPITAL INTERNATIONAL INVESTORS, holding 34.7 million shares of the stock with an approximate value of $$387.58 million in VALE stocks shares; and CAPITAL INTERNATIONAL INVESTORS, currently with $$345.94 million in VALE stock with ownership which is approximately 0.7226%.
