Vale SA (ADR) (NYSE:VALE) plunged -6.32% during previous trade, a total of 85.12M shares exchanged hands compared with its average trading volume of 29.41M shares whereas its relative volume is 2.87. The stock has a market capitalization of $41.14B along with 3.19B outstanding shares. Stock’s intraday price range hit the peak level of $8.24 and touched the lowest level of $7.47.

Most recently Vale SA (ADR) (NYSE:VALE)’s price target was revised on 05/01/17 and according to 22 analysts stock’s price will reach at $10.40 during 52 weeks with standard deviation of 2.28. Stock’s minimum price target estimates has been figured out at $7 while the maximum price target forecast is established at $14.30, if we look at the price target with an optimistic approach it has upside potential of 104% from its latest closing price of $8.

Historically, if we look at price target revisions, three weeks ago Vale SA (ADR) (NYSE:VALE)’s price target was revised on 04/18/17 by the analysts, however the bullish price estimates of the stock set at $14.20 while the bearish estimates kept at $9 over the next one year. Stock’s 52-week target was retained at $11.39, the estimates indicates a standard deviation of 2.40.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2. ABR value is precisely based on brokerage recommendations, where out of 8 brokerage recommendations 4 rate Vale SA (ADR) (NYSE:VALE) stock a Strong Buy, 0 rate the stocks of the company a Buy, 4 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 3/31/17 the stock of Vale SA (ADR) (NYSE:VALE) upgraded by BMO Capital Markets from Underperform to Market Perform. However previously on 1/25/17 it was upgraded by Bernstein from Mkt Perform to Outperform. A research note issued on 1/23/17 the stock was upgraded by Citigroup from Neutral to Buy.

Vale SA (ADR) (NYSE:VALE) performance over the past one year soared 101.41% whereas its year to date (YTD) performance indicated a bullish trend of 8.51%. During the last six months the stock climbed 13.64%. Quarterly performance of the company shows declining momentum of -23.86% while its last one month trend is negative with -2.84%. Stock’s weekly performance expressed down trend of -3.96%.

The company’s price sits -9.92% below from its 50-day moving average of $8.79 and 3.42% far from the stock’s 200-day moving average which is $9.03. Vale SA (ADR) (NYSE:VALE)’s shares are currently trading -29.33% away from the 52-week high price of $11.32 and +116.05% far from the 52-week low price of $3.70.

According to consensus agreement of 6 analysts Vale SA (ADR) (NYSE:VALE) will report earnings per share of $0.34 in their quarterly report and it is expected to announce the company’s results on 7/27/17. For the current quarter the company has high EPS estimates of $0.48 in contradiction of low EPS estimates of $0.21. However a year ago for the same quarter the company has reported $0.21 EPS. Current year EPS projections for Vale SA (ADR) (NYSE:VALE) set at $1.26 according to the sentiments of 15 analysts, while its lowest earnings estimates are $0.52 and highest earnings estimates are $1.75.

According to 4 analysts, Vale SA (ADR) (NYSE:VALE)’s revenue estimates for the current quarter are $8.14B meanwhile the company has high revenue estimates of $9.36B in contradiction of low revenue estimates of $7.2B. For the current year the company’s revenue estimates are $33.57B compared to low analyst estimates of $29.83B and high estimates of $37.37B according to the projection of 19 analysts.