Vale S.A. ADR (NYSE:VALE) shares traded -1.73% lower at $9.10 on Wall Street last session.
VALE stock price is now -11.04% away from the 50-day moving average and -16.50% away from the 200-day moving average. The market capitalization of the company currently stands at $38.85B.
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With the price target reduced from $14.50 to $11.30, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight for Vale S.A. ADR (NYSE: VALE). On November 11, 2024, UBS Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $14 to quote $11.50, while ‘Wolfe Research’ rates the stock as ‘Underperform’
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 $9.22 and a high of $15.37. 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 $111629254656, which is based on a 4.20 price-to-earnings ratio, a 0.73 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for VALE is $10.3626 and a two-hundred day moving average price translates $11.24175 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.
