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Rio Tinto plc ADR: Rising -6.88% from 52-Week Low, Can the Stock Stay Afloat?

In terms of market performance, Rio Tinto plc ADR had a somewhat regular. The highest value for the stock in the past year was $75.09 on 12/28/23, while the lowest value was $58.27 on 08/16/23.

52-week price history of RIO Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Rio Tinto plc ADR’s current trading price is -6.88% away from its 52-week high, while its distance from the 52-week low is 20.00%. The stock’s price range for this period has remained between $58.27 and $75.09. The Basic Materials sector company’s shares managed to surpass a trading volume of around 0.96 million for the day, which was noticeably lower compared to the shares’ average daily volume of 3.03 million over the last three months.

Financial Performance and Market Capitalization

Rio Tinto plc ADR (RIO) has experienced a quarterly rise of 2.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 87.57B and boasts a workforce of 57174 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 67.65, with a change in price of -2.22. Similarly, Rio Tinto plc ADR recorded 2,855,879 in trading volume during the last 100 days, posting a change of -3.08%.

RIO Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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

As of today, the raw stochastic average of Rio Tinto plc ADR over the past 50 days is 95.70%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 92.73%. Additionally, the Stochastic %K and %D values for the company were 87.59% and 90.95%, respectively, over the past 20 days.

RIO Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -6.09% this year. Over the last six months, there has been a weaker performance of 8.08%. The price of RIO fallen by 5.13% during the last 30 days period. For the last 5-days stocks have improved 2.41%.

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