Rio Tinto Group (LON:RIO) Insider Peter Cunningham Sells 621 Shares

Rio Tinto Group (LON:RIO) insider Peter Cunningham sold 621 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of GBX 5,076 ($64.24), for a total value of £31,521.96 ($39,891.12).

Rio Tinto Group Stock Down 1.5 %

Shares of RIO traded down GBX 75 ($0.95) during trading hours on Monday, hitting GBX 5,007 ($63.36). 4,043,059 shares of the company were exchanged, compared to its average volume of 2,657,220. The company has a debt-to-equity ratio of 25.28, a quick ratio of 1.34 and a current ratio of 1.70. The company has a market cap of £105.06 billion, a PE ratio of 9.48, a PEG ratio of -0.64 and a beta of 0.59. The firm’s 50 day moving average is GBX 4,871.20 and its 200-day moving average is GBX 4,911.19. Rio Tinto Group has a 52 week low of GBX 4,509 ($57.06) and a 52 week high of GBX 5,854 ($74.08).

Analyst Ratings Changes

A number of equities research analysts have issued reports on RIO shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 6,300 ($79.73) target price on shares of Rio Tinto Group in a research report on Thursday. Jefferies Financial Group reiterated a “buy” rating and set a GBX 6,400 ($80.99) price objective on shares of Rio Tinto Group in a report on Friday, December 6th. JPMorgan Chase & Co. reissued a “not rated” rating on shares of Rio Tinto Group in a research report on Thursday. Finally, Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a research report on Friday, December 6th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 6,241.25 ($78.98).

About Rio Tinto Group