Previous Close | 15.80 |
Open | 15.80 |
Bid | 17.25 |
Ask | 20.00 |
Strike | 30.00 |
Expire Date | 2024-01-19 |
Day's Range | 15.80 - 15.80 |
Contract Range | N/A |
Volume | |
Open Interest | 2 |
VALE S.A. (VALE) closed at $18.45 in the latest trading session, marking a -1.23% move from the prior day.
Vale (VALE) witnesses a 10% sequential decline in iron ore output in Q4 due to higher rainfall. The company provides iron ore production guidance for 2023 at 310-320 million tons.
According to the average brokerage recommendation (ABR), one should invest in VALE S.A. (VALE). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?