Shares of Rio Tinto Plc (NYSE:RIO) Sees Large Outflow of Money

Rio Tinto Plc (NYSE:RIO) traded on a positive note gaining 0.09 points or 0.3% to be valued at $30.14 per share. Intraday, the shares aggregated $7.6 million in upticks but saw an exodus of $9.39 million in downticks. The net money flow was calculated to be $(-1.79) million with the final up/down ratio coming in at 0.81. The share price has seen a change of 3.25% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $2.5 million in downticks. The net money flow for the block exchange was disappointing at $(-2.5) Million.


The stock has recorded a 20-day Moving Average of 5.33% and the 50-Day Moving Average is 0.11%. The company shares have dropped 31.39% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $44.19 and one year low was seen on January 20, 2016 at $21.89. The 50-day moving average is $29.09 and the 200 day moving average is recorded at $28.3. S&P 500 has rallied 1.93% during the last 52-weeks.

Rio Tinto Plc (NYSE:RIO): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.25 and $29.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.33. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.17, notching a gain of 0.40% for the day. The total traded volume was 3,386,060 . The stock had closed at $30.05 on the previous day.

Institutional Investors own 6.31% of Rio Tinto Plc shares.

Rio Tinto plc (Rio Tinto) is a global mining company. Rio Tinto focuses on finding, mining, and processing the Earths mineral resources. The Company operates through five product groups, including aluminum, copper, diamonds and minerals, energy product and iron ore. Its aluminum product group includes business includes bauxite mines, large-scale alumina refineries aluminum smelters. The Companys copper core properties include Rio Tinto Kennecott, Oyu Tolgoi, Escondida and Grasberg. Rio Tinto Kennecott supplies approximately 20% of United States refined copper requirements, and is a mining, concentrating, smelting and refining operations property. Rio Tinto Diamonds is a diamond producer, engaged in mining, manufacturing, selling and marketing diamonds. Rio Tintos Energy product group produces coal and uranium. Rio Tinto operates iron ore portfolio. Exploration joint ventures were established in Canada, the United States, Chile, Mexico and Australia.

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