First Majestic Silver Corporation (NYSE: AG) Increases 32.19% Over A Month, But Analysts Still See Upside Potential

First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 9.16M but it saw 9048780 shares traded in last market. With a market cap of 1.99B USD, the company’s current market price of $6.94 came rising about 2.06 while comparing to the previous closing price of $6.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.44 and as low as $4.17.

Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $7.13, while its current price level is -17.77% below from 52-week high level whereas it is 66.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.86 while that of 200 days or SMA-200 reads an average of $5.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.40% during that period while stretching the period over a month that increases to 6.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.06 which implies that the stock is in neutral territory.

Over the week, AG’s stock price is moving 2.51% up while it is 32.19% when we observe its performance for the past one month. Year-to-date it is 12.85% up and over the past year, the stock is showing a downside performance of -1.56%.

Currently, First Majestic Silver Corporation’s total number of outstanding shares is 287.15M. Company’s return on investment (ROI) stands at -8.46% and return on equity (ROE) at -9.76%. It has a 48.42 of forward P/E ratio. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 1.47 while price to sale or P/S ratio amounts to 3.47. Its return on asset (ROA) is -6.61% on average.