In yesterday’s Wall Street session, Vale S.A. ADR (NYSE:VALE) shares traded at $12.16, down -0.16% from the previous session.
VALE stock price is now -8.96% away from the 50-day moving average and -11.17% away from the 200-day moving average. The market capitalization of the company currently stands at $52.29B.
, while ‘Deutsche Bank’ rates the stock as ‘Hold’
A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, Vale S.A. ADR has had a low of $11.88 and a high of $16.08. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 1.28, and a quick ratio of 0.96. The fifty day moving average price for VALE is $13.36 and a two-hundred day moving average price translates $13.86 for the stock.
The latest earnings results from Vale S.A. ADR (NYSE: VALE) was released for Dec, 2023. According to the Other Industrial Metals & Mining Company, earnings per share came in at $0.56, missing analysts’ expectations of $0.96 by -0.4. This compares to $0.98 EPS in the same period last year. The net profit margin was 19.20% and return on equity was 21.44% for VALE. The company reported revenue of $10.62 billion for the quarter, compared to $9.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.99 percent. For the current quarter, analysts expect VALE to generate $9.47B in revenue.
Vale S.A. ADR(VALE) Company Profile
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-products, such as gold, silver, cobalt, precious metals, platinum, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
