Rio Tinto plc (LON:RIO)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4,487.84 and traded as high as $4,322.00. Rio Tinto shares last traded at $4,288.50, with a volume of 1,882,322 shares trading hands.

A number of equities analysts have weighed in on the company. Shore Capital restated a “not rated” rating on shares of Rio Tinto in a research note on Thursday, June 6th. Credit Suisse Group set a GBX 4,300 ($56.19) target price on shares of Rio Tinto and gave the company a “sell” rating in a research note on Friday, August 2nd. Liberum Capital lowered shares of Rio Tinto to a “sell” rating and set a GBX 3,300 ($43.12) target price for the company. in a research report on Thursday, August 22nd. Citigroup reissued a “buy” rating on shares of Rio Tinto in a research note on Tuesday, July 30th. Finally, UBS Group reissued a “neutral” rating and issued a GBX 4,500 ($58.80) price target (down previously from GBX 4,700 ($61.41)) on shares of Rio Tinto in a report on Wednesday, July 31st. Six equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. Rio Tinto has a consensus rating of “Hold” and a consensus price target of GBX 4,477.05 ($58.50).

The company has a quick ratio of 1.17, a current ratio of 1.52 and a debt-to-equity ratio of 31.97. The company’s fifty day moving average is GBX 4,269.09 and its 200-day moving average is GBX 4,487.81. The company has a market cap of $54.25 billion and a PE ratio of 5.38.

The business also recently announced a dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, August 8th will be paid a dividend of GBX 173.14 ($2.26) per share. The ex-dividend date of this dividend is Thursday, August 8th. This represents a yield of 3.8%. Rio Tinto’s dividend payout ratio is presently 0.32%.

In related news, insider Jean-Sébastien Jacques sold 7 shares of Rio Tinto stock in a transaction on Monday, July 22nd. The stock was sold at an average price of GBX 4,808 ($62.83), for a total value of £336.56 ($439.78).

Rio Tinto Company Profile (LON:RIO)

Rio Tinto Group engages in finding, mining, and processing mineral resources worldwide. The company offers aluminium, silver, molybdenum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It is also involved in the alumina production; primary aluminium smelting; bauxite mining; alumina refining; and ilmenite mining, as well as provision of gypsum.

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