Vale S.A. ADR (NYSE: VALE) is -2.82% lower on its value in year-to-date trading and has touched a low of $8.62 and a high of $14.83 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 $8.63 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $8.62, the stock is -5.08% and -11.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.62 million and changing -0.12% at the moment leaves the stock -19.33% off its SMA200. VALE registered -41.54% loss for a year compared to 6-month loss of -21.43%. The firm has a 50-day simple moving average (SMA 50) of $9.8282 and a 200-day simple moving average (SMA200) of $10.99015.
The stock witnessed a -8.55% gain in the last 1 month and extending the period to 3 months gives it a -24.04%, and is -3.36% down 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 1.77% over the week and 2.06% over the month.
Vale S.A. ADR (VALE) has around 66807 employees, a market worth around $36.80B and $40.95B in sales. Current P/E ratio is 3.97 and Fwd P/E is 4.65. Profit margin for the company is 22.72%. Distance from 52-week low is 0.00% and -41.86% from its 52-week high. The company has generated returns on investments over the last 12 months (18.07%).
The EPS is expected to grow by 10.70% this year.
Vale S.A. ADR (VALE) Top Institutional Holders
The shares outstanding are 4.27B, and float is at 4.27B with Short Float at 1.41%.
The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 44.26 million shares valued at $494.42 million. The investor’s holdings represent 1.0328% of the VALE Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL INTERNATIONAL INVESTORS with 34.7 million shares valued at $$387.58 million to account for 0.8096 of the shares outstanding. The other top investors are FMR LLC which holds 30.97 million shares representing 0.7226% and valued at over $345.94 million, while MORGAN STANLEY holds 0.7209 of the shares totaling 30.9 million with a market value of $345.11 million.
Vale S.A. ADR (VALE) Insider Activity
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