VALE S.A. (VALE) : During the past 4 weeks, traders have been relatively bearish on VALE S.A. (VALE), hence the stock is down -14% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.6% relative to the S&P 500. The 4-week change in the price of the stock is -15.75% and the stock has fallen -3.08% in the past 1 week.
The stock has recorded a 20-day Moving Average of 8.59% and the 50-Day Moving Average is 9.25%.The 200 Day SMA reached 17.93% Vale S.A. is up 12.78% in the last 3-month period. Year-to-Date the stock performance stands at 52.89%.
VALE S.A. (VALE) : The consensus price target for VALE S.A. (VALE) is $5.69 for the short term with a standard deviation of $1.07. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $7, however, the pessimist price target for the company is $4.
Company shares have received an average consensus rating of Hold for the current week VALE S.A. (NYSE:VALE): The stock was completely flat for the day, closing at $5.03 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $4.96, the stock touched an intraday high of $5.06 and a low of $4.91. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $5.03. The total trading volume on Friday was 21,449,451.
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.