VALE logged a -0.4% change during today's afternoon session, and is now trading at a price of $12.26 per share. The S&P 500 index moved 1.0%. VALE's trading volume is 10,371,705 compared to the stock's average volume of 22,371,861.
VALE trades -25.74% away from its average analyst target price of $16.51 per share. The 23 analysts following the stock have set target prices ranging from $11.7 to $23.0, and on average have given VALE a rating of buy.
Anyone interested in buying VALE should be aware of the facts below:
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VALE's current price is -39.9% below its Graham number of $20.41, which implies the stock has a margin of safety
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Based on its trailing earnings per share of 3.1, VALE has a trailing 12 month Price to Earnings (P/E) ratio of 4.0 while the S&P 500 average is 15.97
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VALE has a forward P/E ratio of 5.4 based on its forward 12 month price to earnings (EPS) of $2.27 per share
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The company has a price to earnings growth (PEG) ratio of -0.28 — a number near or below 1 signifying that VALE is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.36 compared to its sector average of 2.08
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Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally.