Shares of VALE S.A. (NYSE:VALE) Sees Large Outflow of Money

VALE S.A. (NYSE:VALE) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.42 million) in VALE S.A. (NYSE:VALE). On Wednesday, The value of composite uptick trades was $1.14 million, whereas, the value of composite downtick trades was $2.56 million and the ratio between the two was 0.45, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $1.68 million. $0.37 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.22. The negative money flow of ($1.32 million) shows selling on strength. VALE S.A. (NYSE:VALE) gained $0.15 intraday at $4.85 and registrered 3.19% for the week.


Institutional Investors own 8.61% of VALE S.A. shares.

The company shares have dropped -18.40% from its 1 Year high price. On Apr 21, 2016, the shares registered one year high at $6.26 and the one year low was seen on Jan 26, 2016. The 50-Day Moving Average price is $4.38 and the 200 Day Moving Average price is recorded at $3.84. VALE S.A. (NYSE:VALE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.92 and $4.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.85, notching a gain of 3.19% for the day. The total traded volume was 24,353,882 . The stock had closed at $4.70 on the previous day.

Vale S.A. (Vale) is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets, and nickel. The Company also produces manganese ore, ferroalloys, metallurgical and thermal coal, copper, platinum group metals (PGMs), gold, silver, cobalt, potash, phosphates and other fertilizer nutrients. The Company operates through four business segments: Bulk Material, Base metals, Fertilizers and Other. The Bulk Material segment includes the production and extraction of ferrous minerals, and the extraction of coal and its logistic services (railroads, ports and terminals). The Base metals segment produces and extracts non-ferrous minerals. The Fertilizers segment produces three groups of nutrients, such as potash, phosphate and nitrogen. The Other segment includes sales and expenses of other products, services and investments in joint ventures and associate in other businesses.

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