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

Rio Tinto Group (LON:RIO) insider Peter Cunningham sold 621 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of GBX 5,076 ($64.06), for a total transaction of £31,521.96 ($39,780.36).

Rio Tinto Group Stock Performance

Shares of RIO opened at GBX 5,007 ($63.19) on Tuesday. The company has a 50-day simple moving average of GBX 4,874.52 and a two-hundred day simple moving average of GBX 4,910.98. The company has a debt-to-equity ratio of 25.28, a current ratio of 1.70 and a quick ratio of 1.34. The firm has a market capitalization of £105.06 billion, a PE ratio of 9.48, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. Rio Tinto Group has a one year low of GBX 4,509 ($56.90) and a one year high of GBX 5,854 ($73.88).

Wall Street Analyst Weigh In

A number of research firms recently issued reports on RIO. Jefferies Financial Group reiterated a “buy” rating and set a GBX 6,400 ($80.77) price objective on shares of Rio Tinto Group in a research note on Friday, December 6th. Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a research note on Friday, December 6th. JPMorgan Chase & Co. reiterated a “not rated” rating on shares of Rio Tinto Group in a report on Thursday, February 20th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 6,300 ($79.51) price objective on shares of Rio Tinto Group in a research report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 6,241.25 ($78.76).

About Rio Tinto Group