First Majestic Silver Corporation (AG) 20 Days SMA touch -6.87%: Odds are Looking very much in favour

As on Wednesday, First Majestic Silver Corporation (NYSE: AG) got off with the flyer as it spiked 0.90% to $6.73, before settling in for the price of $6.67 at the close. Taking a more long-term approach, AG posted a 52-week range of $4.17-$8.44.

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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 16.05%. Meanwhile, its Annual Earning per share during the time was 15.51%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -2.50%. This publicly-traded company’s shares outstanding now amounts to $287.15 million, simultaneously with a float of $280.47 million. The organization now has a market capitalization sitting at $1.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $6.05, while the 200-day Moving Average is $5.65.

First Majestic Silver Corporation (AG) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Silver industry. First Majestic Silver Corporation’s current insider ownership accounts for 2.35%, in contrast to 30.30% institutional ownership.

First Majestic Silver Corporation (AG) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/31/2023, the company posted 0 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.01) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.

First Majestic Silver Corporation’s EPS decrease for this current 12-month fiscal period is -2.50% and is forecasted to reach 0.14 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 46.80% through the next 5 years, which can be compared against the 15.51% growth it accomplished over the previous five years trading on the market.

First Majestic Silver Corporation (NYSE: AG) Trading Performance Indicators

Let’s observe the current performance indicators for First Majestic Silver Corporation (AG). It’s Quick Ratio in the last reported quarter now stands at 2.04. The Stock has managed to achieve an average true range (ATR) of 0.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.37.

In the same vein, AG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.49, a figure that is expected to reach -0.05 in the next quarter, and analysts are predicting that it will be 0.14 at the market close of one year from today.

Technical Analysis of First Majestic Silver Corporation (AG)

Through scrutinizing the latest numbers posted by the [First Majestic Silver Corporation, AG], it can be observed that its last 5-days Average volume of 7.42 million was lower the volume of 8.73 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 58.63% While, its Average True Range was 0.41.

Raw Stochastic average of First Majestic Silver Corporation (AG) in the period of the previous 100 days is set at 59.95%, which indicates a major rise in contrast to 24.17% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 49.89% that was lower than 61.78% volatility it exhibited in the past 100-days period.