A new trading day began on Monday, with First Majestic Silver Corporation (NYSE: AG) stock price up 4.26% from the previous day of trading, before settling in for the closing price of $6.34. AG’s price has ranged from $4.17 to $8.44 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 16.05%. Meanwhile, its annual earnings per share averaged -99.83%. With a float of $296.78 million, this company’s outstanding shares have now reached $301.76 million.
Considering the fact that the conglomerate employs 3746 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 10.61%, operating margin of -6.62%, and the pretax margin is -9.39%.
First Majestic Silver Corporation (AG) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Silver Industry. The insider ownership of First Majestic Silver Corporation is 1.65%, while institutional ownership is 36.88%.
First Majestic Silver Corporation (AG) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -99.83% 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
Here are First Majestic Silver Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.24 in one year’s time.
Technical Analysis of First Majestic Silver Corporation (AG)
Compared to the last year’s volume of 8.44 million, its volume of 14.42 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 45.73%. Additionally, its Average True Range was 0.37.
During the past 100 days, First Majestic Silver Corporation’s (AG) raw stochastic average was set at 60.14%, which indicates a significant increase from 34.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.45% in the past 14 days, which was lower than the 62.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.58, while its 200-day Moving Average is $6.17. Nevertheless, the first resistance level for the watch stands at $6.75 in the near term. At $6.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.98. If the price goes on to break the first support level at $6.51, it is likely to go to the next support level at $6.42. Now, if the price goes above the second support level, the third support stands at $6.28.
First Majestic Silver Corporation (NYSE: AG) Key Stats
With a market capitalization of 2.76 billion, the company has a total of 301,616K Shares Outstanding. Currently, annual sales are 573,800 K while annual income is -135,110 K. The company’s previous quarter sales were 146,090 K while its latest quarter income was -26,590 K.
