Large Inflow of Money Witnessed in VALE S.A.

VALE S.A. (VALE) : Thursdays money flow data in VALE S.A. (VALE) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $6 million, whereas, $4.25 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.41, in favor of the bulls. The total money flow into the stock was $1.75 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $1.23 million. The total value of block trades done on upticks was $2.27 million. The value of bearish trades on downticks was only $1.04 million.The up/down ratio in the block trades was a healthy 2.18 in favor of the bulls, suggesting strong buying in the stock by large traders. VALE S.A. (VALE) fell $0.07 and traded at $4.85, down -1.32% for the day, over previous days close. On a weekly basis, the shares are -6.1% over the previous weeks close.


VALE S.A. (VALE) : 12 investment research analysts covering VALE S.A. (VALE) have an average price target of $5.37 for the near short term. The highest target price given by the Brokerage Firm to the stock is $10 and the lowest target is $3 for the short term. Analysts expect the variance to be within $1.88 of the average price. The stock has recorded a 20-day Moving Average of 3.3% and the 50-Day Moving Average is 4.88%.

VALE S.A. (NYSE:VALE): The stock opened at $5.00 on Thursday but the bulls could not build on the opening and the stock topped out at $5.05 for the day. The stock traded down to $4.72 during the day, due to lack of any buying support eventually closed down at $4.82 with a loss of -1.83% for the day. The stock had closed at $4.91 on the previous day. The total traded volume was 18,245,204 shares.

Vale S.A. (Vale) is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets, and nickel. The Company also produces manganese ore, ferroalloys, metallurgical and thermal coal, copper, platinum group metals (PGMs), gold, silver, cobalt, potash, phosphates and other fertilizer nutrients. The Company operates through four business segments: Bulk Material, Base metals, Fertilizers and Other. The Bulk Material segment includes the production and extraction of ferrous minerals, and the extraction of coal and its logistic services (railroads, ports and terminals). The Base metals segment produces and extracts non-ferrous minerals. The Fertilizers segment produces three groups of nutrients, such as potash, phosphate and nitrogen. The Other segment includes sales and expenses of other products, services and investments in joint ventures and associate in other businesses.

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