Rio Tinto Group (RIO) Insider Trading: What Insights Can Be Gained?

As of Wednesday close, Rio Tinto Group’s (NYSE:RIO) stock was down -$2.69, moving down -4.11 percent to $62.71. The average number of shares traded per day over the past five days has been 3,805,520 shares. 1 time new highs have been achieved over the past 5 days, with a -$4.71 fall in that time frame. In the last twenty days, the average volume was 3,175,110, while in the previous 50 days, it was 3,492,256.

Since last month, RIO stock retreated -9.82%. Shares of the company fell to $62.42 on 06/22/22, the lowest level in the past month. A 52-week high of $86.89 was reached on 03/03/22 after having rallying from a 52-week low of $59.10. Since the beginning of this year, RIO’s stock price has dropped by -5.57% or -$4.23, and marked a new high 14 times. However, the stock has declined by -27.83% since its 52-week high.

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Valuation Metrics

Right now, Rio Tinto Group (RIO) has a P/E ratio of about 4.84. The stock’s beta is 0.65. Besides these, the trailing price-to-sales (P/S) ratio of 1.71, the price-to-book (PB) ratio of 1.97, and the price-to-cash flow ratio of 41.74 may also be considered.

The latest dividend of $4.7850 per share was paid out, which is 27.26% more than last year’s $3.76. On Wednesday February 23 2022, a $1.0250 dividend increase was announced.

Financial Health

In the recent quarter, Rio Tinto Group’s quick ratio stood at 1.50, while its current ratio was 1.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.24, and the total debt-to-equity ratio was 0.26. In the recent year, EBITDA margin amounted to 52.94%, whereas operating margins totaled 47.00%. Based on annual data, RIO earned $53.54 billion in gross profit and brought in $63.49 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 33.10%. Return on equity (ROE) for the past 12 months was 44.20%.

RIO’s revenue rose 29.74% during the quarter, while net income inched up to $63.49 billion. The liabilities of Rio Tinto Group were 46.31 billion at the end of its most recent quarter, and its total debt was $13.53 billion.

Technical Picture

This quick technical analysis looks at Rio Tinto Group’s (RIO) price momentum. With a historical volatility rate of 36.77%, the RSI 9-day stood at 28.10% on 22 June.

With respect to its five-day moving average, the current Rio Tinto Group price is down by -6.99% percent or -$4.71. At present, RIO shares trade -11.34% below its 20-day simple moving average and -16.49% percent below its 100-day simple moving average. However, the stock is currently trading approximately -21.89% below its SMA50 and -17.35% below its SMA200.

Stochastic coefficient K was 5.57% and Stochastic coefficient D was 6.18%, while ATR was 2.40. Given the Stochastic reading of 1.80% for the 14-day period, the RSI (14) reading has been calculated as 33.19%. As of today, the MACD Oscillator reading stands at -3.84, while the 14-day reading stands at -6.78.

Analyst Ratings

Jefferies upgraded its rating on Rio Tinto Group (NYSE: RIO) to a Buy in a note to investors on June 07, 2022. The analysts firm previously had a Hold rating on the stock.Rio Tinto Group (RIO) has been rated Overweight by analysts. According to 0 brokerage firms, RIO is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Rio Tinto Group stock as buy, with 2 recommending it as overweight.

With a median target price of $93.00, the current consensus forecast for the stock is $74.00 – $94.00. Based on these forecasts, analysts predict Rio Tinto Group (RIO) will achieve an average price target of $87.00.


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