The stock of Vale S.A. ADR (NYSE:VALE) last traded at $9.36, up 0.75% from the previous session.
VALE stock price is now 1.94% away from the 50-day moving average and -10.38% away from the 200-day moving average. The market capitalization of the company currently stands at $39.96B.
On December 12, 2024, Morgan Stanley Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock reducing its target price from $14.50 to quote $11.30, while ‘UBS’ rates the stock as ‘Neutral’
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 $8.38 and a high of $13.18. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 0.91, and a quick ratio of 0.58. According to the stock market information, the enterprise value for the company is $112739205120, which is based on a 4.32 price-to-earnings ratio, a 3.25 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for VALE is $9.223 and a two-hundred day moving average price translates $10.69235 for the stock.
The latest earnings results from Vale S.A. ADR (NYSE: VALE) was released for 2024-09-30. The net profit margin was 22.72% and return on equity was 24.39% for VALE. The company reported revenue of $9.55 billion for the quarter, compared to $10.62 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.07 percent. For the current quarter, analysts expect VALE to generate $10.05B in revenue.
