Things appear to be looking up for Vale S.A. ADR (VALE)

Vale S.A. ADR (NYSE: VALE) is -2.35% lower on its value in year-to-date trading and has touched a low of $12.03 and a high of $18.56 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VALE stock was last observed hovering at around $15.74 in the last trading session, with the day’s gains setting it 0.19% off its average median price target of $91.00 for the next 12 months. It is also 83.23% off the consensus price target high of $95.00 offered by analysts, but current levels are 78.18% higher than the price target low of $73.00 for the same period.

Currently trading at $15.93, the stock is 6.04% and 10.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.98 million and changing 1.21% at the moment leaves the stock 15.62% off its SMA200. VALE registered 0.19% gain for a year compared to 6-month gain of 19.13%. The firm has a 50-day simple moving average (SMA 50) of $1.96 and a 200-day simple moving average (SMA200) of $5.30.

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The stock witnessed a 5.78% loss in the last 1 month and extending the period to 3 months gives it a 22.81%, and is 4.80% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.21% over the week and 1.55% over the month.

Vale S.A. ADR (VALE) has around 64516 employees, a market worth around $68.54B and $40.67B in sales. Current P/E ratio is 7.57 and Fwd P/E is 6.22. Profit margin for the company is 22.91%. Distance from 52-week low is 32.47% and -14.18% from its 52-week high. The company has generated returns on investments over the last 12 months (18.25%).

Vale S.A. ADR is expected to release its quarterly report on 02/22/2024.The EPS is expected to shrink by -45.51% this year.

Vale S.A. ADR (VALE) Top Institutional Holders

The shares outstanding are 4.48B, and float is at 4.30B with Short Float at 1.07%.

Vale S.A. ADR (VALE): Who are the competitors?

The company’s main competitors (and peers) include Rio Tinto PLC ADR (RIO) that is trading 4.79% up over the past 12 months. ArcelorMittal ADR (MT) that is 7.84% higher over the same period.