Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Rio Tinto plc ADR’s current trading price is -10.43% away from its 52-week high, while its distance from the 52-week low is 15.43%. The stock’s price range over this period has fluctuated between $58.27 and $75.09. The company, operating within the financial sector, had a trading volume of approximately 1.99 million for the day, which was noticeably lower than the average daily share volume of 3.03 million over the last 3 months.
Rio Tinto plc ADR experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $75.09 on 12/28/23, while the lowest price for the same period was registered at $58.27 on 08/16/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Rio Tinto plc ADR (RIO) has experienced a quarterly decline of -1.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 84.23B and boasts a workforce of 57174 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 67.89, with a change in price of -2.90. Similarly, Rio Tinto plc ADR recorded 2,858,758 in trading volume during the last 100 days, posting a change of -4.14%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RIO stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.24.
RIO Stock Stochastic Average
Today’s raw stochastic average for Rio Tinto plc ADR over the last 50 days is 70.94%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 87.88%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 75.40% and 72.71%, respectively.
RIO Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -9.67%.However, over the last six months, we can see a weaker performance of 4.86%. Over the last 30 days, the price of RIO has fallen by 8.01%. And in the last five days, it has surged by 1.13%.
