Insider Selling: Rio Tinto Group (LON:RIO) Insider Sells 4 Shares of Stock

Rio Tinto Group (LON:RIO) insider Jakob Stausholm sold 4 shares of Rio Tinto Group stock in a transaction on Friday, January 17th. The stock was sold at an average price of GBX 5,004 ($61.70), for a total transaction of £200.16 ($246.81).

Jakob Stausholm also recently made the following trade(s):

• On Monday, December 2nd, Jakob Stausholm sold 6,489 shares of Rio Tinto Group stock. The shares were sold at an average price of GBX 4,988 ($61.50), for a total value of £323,671.32 ($399,101.50).

Rio Tinto Group Stock Performance

LON RIO traded down GBX 68 ($0.84) during trading hours on Tuesday, hitting GBX 5,023 ($61.94). 2,026,798 shares of the company’s stock traded hands, compared to its average volume of 2,792,386. Rio Tinto Group has a 52 week low of GBX 4,509 ($55.60) and a 52 week high of GBX 5,854 ($72.18). The firm has a market capitalization of £62.79 billion, a P/E ratio of 996.63, a P/E/G ratio of -0.64 and a beta of 0.59. The company has a current ratio of 1.70, a quick ratio of 1.34 and a debt-to-equity ratio of 25.01. The business’s fifty day moving average price is GBX 4,858.92 and its two-hundred day moving average price is GBX 4,941.68.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on RIO shares. Berenberg Bank reissued a “buy” rating and issued a GBX 6,000 ($73.98) price target on shares of Rio Tinto Group in a research report on Wednesday, December 11th. Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a report on Friday, December 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 6,400 ($78.91) price objective on shares of Rio Tinto Group in a research note on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 6,203.75 ($76.50).

Rio Tinto Group Company Profile