Rio Tinto ADR Stock Price Drops 1.55% to $70.18 Amidst Volatility, Wall Street Analysts Predict Decline in EPS

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A new trading day began on Tuesday for Rio Tinto plc ADR (NYSE: RIO) with the stock price starting at $69.09. The closing price settled at $70.18 after a -1.55% decrease from the previous day’s trading. Over the past 52 weeks, the stock price has fluctuated between $58.27 and $80.51.

In the Basic Materials sector, Rio Tinto plc ADR has experienced a growth rate of 9.92% in yearbook sales over the past five years, while its average annual earnings per share have been -9.05%. The company currently has outstanding shares worth $1.25 billion, with a float of $1.25 billion.

Efficiency is an important factor to consider, especially since Rio Tinto plc ADR employs 53,726 people.

Looking at the stock’s investor ownership, insider ownership is at 0.00% while institutional ownership stands at 10.51% in the Other Industrial Metals & Mining Industry.

Market experts on Wall Street predict that the current fiscal year will bring earnings of $11.29 per share, while the next fiscal year is projected to have earnings of -9.05% per share according to Wall Street analysts. In the long term, market analysts anticipate a -3.30% decline in the company’s EPS over the next five years, compared to the 9.35% growth seen in the previous five years of trading.

Here are some performance indicators for Rio Tinto plc ADR: The last quarter’s quick ratio was 1.37, and the trailing twelve months’ price to sales ratio stands at 1.61. The trailing twelve months’ price to free cash flow ratio is 12.46.

The company’s diluted EPS for the trailing twelve months is 5.40 and is expected to reach 7.97 in one year.

Recent trading volume for Rio Tinto plc ADR has shown improvement, with 2.43 million shares traded in the last five days compared to the previous year’s volume of 2.43 million. The stock’s Stochastic %D was 10.47% over the past nine days, and its Average True Range was 1.08.

In the past 100 days, the raw stochastic average for Rio Tinto plc ADR has been 60.76%, which is a significant increase from 3.23% in the past two weeks. The stock’s historical volatility was 13.40% in the past 14 days, lower than the 23.85% volatility seen in the past 100 days.

The stock’s 50-day Moving Average is $70.09, and the 200-day Moving Average is $65.43. The first resistance level for the stock is set at $69.72, followed by $70.36 as the second major resistance level. The third major resistance level stands at $70.77. If the price breaks the first support level at $68.67, it may go down to the next support level at $68.26. The third support level is at $67.62.

With a market capitalization of $86.44 billion, Rio Tinto plc ADR has a total of 1,251,321K shares outstanding. The company’s annual sales amount to $55,554 million, while its annual income is $12,420 million.

It is important to note that the information provided in this article is based on market analysis and industry trends. Investors should conduct their own research and analysis before making any investment decisions.

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