Vale S.A. ADR (NYSE: VALE) is -8.76% lower on its value in year-to-date trading and has touched a low of $8.06 and a high of $11.93 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 $9.74 in the last trading session, with the day’s gains setting it 35379990.26%.
Currently trading at $35380000.0, the stock is 2.93% and 2.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 45.31 million and changing -0.31% at the moment leaves the stock -0.30% off its SMA200. VALE registered 9.47% gain for a year compared to 6-month gain of 8.61%. The firm has a 50-day simple moving average (SMA 50) of $9.4712 and a 200-day simple moving average (SMA200) of $9.7709.
The stock witnessed a 2.86% loss in the last 1 month and extending the period to 3 months gives it a -3.29%, and is 5.77% 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 1.88% over the week and 2.04% over the month.
Vale S.A. ADR (VALE) has around 64616 employees, a market worth around $41.45B and $37.76B in sales. Current P/E ratio is 7.15 and Fwd P/E is 5.38. Profit margin for the company is 15.38%. Distance from 52-week low is 20.55% and -18.64% from its 52-week high. The company has generated returns on investments over the last 12 months (11.45%).
The EPS is expected to grow by 20.57% this year.
Vale S.A. ADR (VALE) Top Institutional Holders
672.0 institutions hold shares in Vale S.A. ADR (VALE), with institutional investors hold 17.09% of the company’s shares. The shares outstanding are 4.27B, and float is at 4.27B with Short Float at 1.58%. Institutions hold 17.09% 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 1.0354% 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 FMR LLC which holds 30.97 million shares representing 0.7245% and valued at over $345.94 million, while MORGAN STANLEY holds 0.7227 of the shares totaling 30.9 million with a market value of $345.11 million.
