Large Outflow of Money Witnessed in VALE S.A.

VALE S.A. (VALE) : The total money flow in VALE S.A. (VALE) was negative ($0.84 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $3.44 million. Transactions on upticks were comparatively lower at $2.6 million. The uptick to downtick ratio was 0.76. The total block trades done on upticks were valued at $0.31 million. The total block trades on downticks were valued at $0.87 million. The uptick to the downtick ratio of block trades was 0.35. The money flow during block trades was negative ($0.57 million) when the stock traded with a gain of $7 cent. VALE S.A. (VALE) was $5.51, an increase of 1.29% over the previous days close.


Shares of Vale S.A. rose by 3.29% in the last five trading days and 0.71% for the last 4 weeks. Vale S.A. is up 16.49% in the last 3-month period. Year-to-Date the stock performance stands at 71.73%.

VALE S.A. (VALE) : 3 brokerage houses believe that VALE S.A. (VALE) is a Strong Buy at current levels. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on VALE S.A. (VALE). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Hold with a rating of 2.64.

VALE S.A. (NYSE:VALE): The stock opened at $5.51 and touched an intraday high of $5.66 on Wednesday. During the day, the stock corrected to an intraday low of $5.43, however, the bulls stepped in and pushed the price higher to close in the green at $5.65 with a gain of 3.86% for the day. The total traded volume for the day was 18,909,076. The stock had closed at $5.44 in the previous trading session.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *