Rio Tinto Group (LON:RIO) Insider Purchases £24,871.20 in Stock


Rio Tinto Group (LON:RIO) Insider Purchases £24,871.20 in Stock

Rio Tinto Group (LON:RIO - Get Free Report) insider Ngaire Woods purchased 516 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was bought at an average cost of GBX 4,820 ($62.11) per share, with a total value of £24,871.20 ($32,050.52).

Shares of LON:RIO traded up GBX 11.50 ($0.15) on Friday, reaching GBX 4,802.50 ($61.89). The company had a trading volume of 2,290,686 shares, compared to its average volume of 2,945,343. The stock has a market capitalization of £100.77 billion, a P/E ratio of 9.09, a P/E/G ratio of -0.64 and a beta of 0.59. The stock has a 50-day moving average price of GBX 4,894.71 and a 200 day moving average price of GBX 4,904.72. Rio Tinto Group has a twelve month low of GBX 4,509 ($58.11) and a twelve month high of GBX 5,854 ($75.44). The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 25.28.

RIO has been the subject of several research reports. Citigroup restated a "neutral" rating on shares of Rio Tinto Group in a report on Friday, December 6th. Jefferies Financial Group restated a "buy" rating and issued a GBX 6,400 ($82.47) price target on shares of Rio Tinto Group in a research report on Friday, December 6th. JPMorgan Chase & Co. restated a "not rated" rating on shares of Rio Tinto Group in a research report on Thursday, February 20th. Finally, Berenberg Bank restated a "buy" rating and issued a GBX 6,300 ($81.19) price target on shares of Rio Tinto Group in a report on Thursday, February 20th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Rio Tinto Group has an average rating of "Moderate Buy" and an average price target of GBX 6,241.25 ($80.43).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Rio Tinto Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rio Tinto Group wasn't on the list.

While Rio Tinto Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

corporate

12286

tech

11464

entertainment

15252

research

7035

misc

16117

wellness

12376

athletics

16146