Iamgold Corp (NYSE: IAG): Retirees Don’t Worry About Volatility

Iamgold Corp (NYSE:IAG) currently has a daily average trading volume of 8.83M but it saw 7250601 shares traded in last market. With a market cap of 3.96B USD, the company’s current market price of $4.98 came falling about -0.99 while comparing to the previous closing price of $5.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.37 and as low as $2.11. In the recent trading on the day, stock has struck highest price mark of $4.975 while lowest mark touched by it was $5.1399.

Taking a look at 20-day trading activity of Iamgold Corp (IAG) gives us an average price of $5.56, while its current price level is -21.82% below from 52-week high level whereas it is 136.02% 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 $5.29 while that of 200 days or SMA-200 reads an average of $4.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.11% during that period while stretching the period over a month that decreases to 5.02%. 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 41.73 which implies that the stock is in neutral territory.

Over the week, IAG’s stock price is moving -3.86% down while it is 1.22% when we observe its performance for the past one month. Year-to-date it is 96.84% up and over the past year, the stock is showing an upside performance of 128.44%.

Currently, Iamgold Corp’s total number of outstanding shares is 570.30M. Company’s return on investment (ROI) stands at 17.38% and return on equity (ROE) at 26.44%. It has a price to earnings ratio (P/E ratio) of 3.89 while having a 6.38 of forward P/E ratio. Stock’s beta reads 1.55. Stock has a price to book (P/B) ratio of 0.87 while price to sale or P/S ratio amounts to 2.68. Its return on asset (ROA) is 14.39% on average.