Vale S.A. ADR (NYSE: VALE) is -9.65% 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 $10.14 in the last trading session, with the day’s loss setting it -0.24%.
Currently trading at $9.9, the stock is 2.34% and 3.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 28.24 million and changing -2.37% at the moment leaves the stock 1.83% off its SMA200. VALE registered 11.61% gain for a year compared to 6-month gain of 16.47%. The firm has a 50-day simple moving average (SMA 50) of $9.5738 and a 200-day simple moving average (SMA200) of $9.74965.
The stock witnessed a 3.02% loss in the last 1 month and extending the period to 3 months gives it a 11.24%, and is -0.40% 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 2.39% over the week and 2.35% over the month.
Vale S.A. ADR (VALE) has around 64616 employees, a market worth around $42.26B and $37.76B in sales. Current P/E ratio is 7.29 and Fwd P/E is 5.59. Profit margin for the company is 15.38%. Distance from 52-week low is 22.91% and -17.04% 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 17.66% this year.
Vale S.A. ADR (VALE) Top Institutional Holders
664.0 institutions hold shares in Vale S.A. ADR (VALE), with institutional investors hold 17.04% of the company’s shares. The shares outstanding are 4.27B, and float is at 4.27B with Short Float at 1.95%. Institutions hold 17.03% 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.
Vale S.A. ADR (VALE) Insider Activity
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