VALE SA American Depositary (NYSE:VALE) Trading Volume Significantly Lower
Wetherby Asset Management Inc. increased its stake in VALE by 6.3% in the first quarter. The average volume stands around 27.61 million shares. So the company beats the analysts estimate by $0.01/share showing a surprise of 2.1%. Vale had a return on equity of 16.32% and a net margin of 14.60%. The company had revenue of $8.52 billion during the quarter. On average, equities research analysts expect that VALE will post $0.99 EPS for the current year.