On Friday, First Majestic Silver Corporation (NYSE: AG) was -0.59% down from the session before settling in for the closing price of $6.77. A 52-week range for AG has been $4.17 – $8.44.
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A company in the Basic Materials sector has jumped its sales by 16.05% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 43.75%. With a float of $280.47 million, this company’s outstanding shares have now reached $287.15 million.
First Majestic Silver Corporation (AG) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward First Majestic Silver Corporation stocks. The insider ownership of First Majestic Silver Corporation is 2.35%, while institutional ownership is 29.79%.
First Majestic Silver Corporation (AG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 43.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.80% during the next five years compared to 15.51% growth over the previous five years of trading.
First Majestic Silver Corporation (NYSE: AG) Trading Performance Indicators
You can see what First Majestic Silver Corporation (AG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.49, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.14 in one year’s time.
Technical Analysis of First Majestic Silver Corporation (AG)
Let’s dig in a bit further. During the last 5-days, its volume was 11.35 million. That was better than the volume of 8.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 4.05%. Additionally, its Average True Range was 0.45.
During the past 100 days, First Majestic Silver Corporation’s (AG) raw stochastic average was set at 59.95%, which indicates a significant increase from 23.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.20% in the past 14 days, which was higher than the 61.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.68, while its 200-day Moving Average is $5.63. However, in the short run, First Majestic Silver Corporation’s stock first resistance to watch stands at $6.91. Second resistance stands at $7.08. The third major resistance level sits at $7.18. If the price goes on to break the first support level at $6.64, it is likely to go to the next support level at $6.54. Assuming the price breaks the second support level, the third support level stands at $6.37.
First Majestic Silver Corporation (NYSE: AG) Key Stats
There are 287,246K outstanding shares of the company, which has a market capitalization of 1.93 billion. As of now, sales total 573,800 K while income totals -135,110 K. Its latest quarter income was 136,950 K while its last quarter net income were 10,230 K.
