Vale S.A. ADR (NYSE: VALE) is 13.64% higher on its value in year-to-date trading and has touched a low of $8.38 and a high of $12.55 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VALE stock was last observed hovering at around $9.81 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $10.08, the stock is 4.00% and 8.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 34.55 million and changing 2.75% at the moment leaves the stock -0.34% off its SMA200. VALE registered -14.08% loss for a year compared to 6-month loss of -1.89%. The firm has a 50-day simple moving average (SMA 50) of $9.321 and a 200-day simple moving average (SMA200) of $10.2737.
The stock witnessed a 5.33% gain in the last 1 month and extending the period to 3 months gives it a 3.50%, and is 9.09% 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 2.52% over the week and 2.38% over the month.
Vale S.A. ADR (VALE) has around 64616 employees, a market worth around $43.03B and $38.11B in sales. Current P/E ratio is 7.09 and Fwd P/E is 5.30. Profit margin for the company is 15.97%. Distance from 52-week low is 20.29% and -19.70% from its 52-week high. The company has generated returns on investments over the last 12 months (12.72%).
with sales reaching $8.39B over the same period.The EPS is expected to grow by 26.98% this year, but quarterly earnings will post 1.29% year-over-year. Quarterly sales are estimated to shrink -0.87% in year-over-year returns.
Vale S.A. ADR (VALE) Top Institutional Holders
693.0 institutions hold shares in Vale S.A. ADR (VALE), with institutional investors hold 15.79% of the company’s shares. The shares outstanding are 4.27B, and float is at 4.27B with Short Float at 2.65%. Institutions hold 15.79% of the Float.
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 0.8117 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 30.9 million shares representing 0.7227% and valued at over $345.11 million, while FMR LLC holds 0.7226 of the shares totaling 30.97 million with a market value of $345.94 million.
Vale S.A. ADR (VALE) Insider Activity
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