With Shares Trading down at $47.78 (RIO) SHAREHOLDER ALERT: Bronstein, Gewirtz &…


Rio Tinto Plc (NYSE:RIO):

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Rio Tinto PLC (RIO) & Lead Plaintiff Deadline: December 22, 2017.

The company is so far trading down by 0.38%% since yesterday’s close of 47.96.

Rio Tinto Plc announced a dividend that was paid on Thu Sep 21, 2017. The dividend payment was $0.550 per share for the quarter or $2.20 annualized. The dividend yield was $4.56. The ex-dividend date was set for Wednesday the 9th of August 2017.

Rio Tinto plc, launched on March 30, 1962, is a mining and metals company. The Business’s business is finding, mining and processing mineral resources. The Business’s segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations..

Company shares last traded at $47.78 just a bit lower than the 50 day moving average which is $48.32 and which is slightly above the 200 day moving average of $43.98. The 50 day moving average was down $-0.54 and the 200 day average went up by +8.65%.

Rio Tinto Plc currently has a P/E ratio of 13.93 and the market value is 85.66B.

Traders are feeling more bearish on Rio Tinto Plc recently as implied by the change in short interest. The firm recorded a rise in short interest of 2.38% as of the latest report on September 29, 2017. Short shares grew from 13,754,646 to 14,082,025 over that timeframe. Days to cover increased from 5.0 to 6.0 and the percentage of shorted shares was 0.01% on September 29.

Several analysts have provided guidance on Rio Tinto Plc. On August 15, 2017 the stock rating was set at “Outperform” according to a RBC Capital report which is down from the previous “Outperform” rating.