Stock Price of Rio Tinto Plc (RIO) Increases 6.42%

Rio Tinto Plcs in-depth stock price analysis indicates that the stock price has rallied 24.24% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 43.98% . Looking at the past 52 week period, the stock price is up at 71.23% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Rio Tinto Plc has a positive value of 36.05 compared to overall market. Rio Tinto Plc (NYSE:RIO) has climbed 6.42% in the past week and advanced 8.02% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.56% and the outperformance has advanced to 6.08% for the last 4 weeks period.

Rio Tinto Plc (NYSE:RIO) : On Friday heightened volatility was witnessed in Rio Tinto Plc (NYSE:RIO) which led to swings in the share price. The stock opened for trading at $44.09 and hit $45.41 on the upside , eventually ending the session at $45.41, with a gain of 5.26% or 2.27 points. The heightened volatility saw the trading volume jump to 5,837,059 shares. The 52-week high of the share price is $46.04 and the company has a market cap of $100,946 million. The 52-week low of the share price is at $24.29 .

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Rio Tinto plc (ADR) was Upgraded by Credit Suisse to Outperform on Dec 7, 2016. Rio Tinto plc (ADR) was Upgraded by Citigroup to Neutral on Dec 5, 2016.

Rio Tinto PLC is an international mining company. The Company has interests in mining for aluminum, borax, coal, copper, gold, iron ore, lead, silver, tin, uranium, zinc, titanium, dioxide feedstock, diamonds, talc and zircon. RTZs various mining operations are located in New Zealand, Australia, South Africa, Europe and Canada.


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