Rio Tinto Group (LON:RIO - Get Free Report) insider Peter Cunningham sold 4 shares of the firm's stock in a transaction on Friday, July 18th. The stock was sold at an average price of GBX 4,473 ($60.42), for a total value of £178.92 ($241.69).
Rio Tinto Group Stock Performance
Shares of Rio Tinto Group stock traded down GBX 14.50 ($0.20) during mid-day trading on Friday, hitting GBX 4,705 ($63.56). 3,551,682 shares of the stock were exchanged, compared to its average volume of 5,838,556. The company has a debt-to-equity ratio of 25.28, a quick ratio of 1.34 and a current ratio of 1.70. The company has a market capitalization of £98.73 billion, a P/E ratio of 8.91, a P/E/G ratio of -0.64 and a beta of 0.59. The company has a 50-day simple moving average of GBX 4,400.90 and a 200 day simple moving average of GBX 4,613.53. Rio Tinto Group has a 12 month low of GBX 4,024.50 ($54.36) and a 12 month high of GBX 5,474 ($73.94).
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reduced their price target on Rio Tinto Group from GBX 5,500 ($74.29) to GBX 5,300 ($71.59) and set a "buy" rating for the company in a report on Wednesday, July 2nd. Royal Bank Of Canada reiterated a "neutral" rating and issued a GBX 4,700 ($63.49) price objective on shares of Rio Tinto Group in a report on Tuesday, July 15th. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Rio Tinto Group in a report on Thursday, July 17th. Finally, Berenberg Bank reaffirmed a "hold" rating and issued a GBX 4,700 ($63.49) price objective on shares of Rio Tinto Group in a report on Thursday, July 17th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 5,488.33 ($74.14).
Check Out Our Latest Stock Analysis on RIO
Rio Tinto Group Company Profile
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