Large Outflow of Money Witnessed in VALE S.A.

VALE S.A. (VALE): The stock had negative money flow to the tune of ($24.09 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $16.07 million, whereas, the outflow of money on downticks was $40.17 million and the ratio between the two was 0.4. The block trade had a negative net money flow of ($23.93 million). The total block trade value undertaken on upticks was $5.34 million. On the other hand, downticks amounted to $29.28 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.18. VALE S.A. (VALE) closed with marginal gains of 21 cents to end the day at $5.6, an increase of 3.9% over the previous days close. The stock recorded 2.75% for the week.


Institutional Investors own 8.61% of VALE S.A. shares.

VALE S.A. (NYSE:VALE): The stock opened at $5.49 and touched an intraday high of $5.66 on Friday. During the day, the stock corrected to an intraday low of $5.44, however, the bulls stepped in and pushed the price higher to close in the green at $5.6 with a gain of 3.90% for the day. The total traded volume for the day was 25,964,775. The stock had closed at $5.39 in the previous trading session.

VALE S.A. (VALE) has been under a strong bear grip, hence the stock is down -6.85% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.24% in the past 1 week. The stock has risen by 2.75% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.98% in the past 4 weeks.

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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