Spotting A Winner: First Majestic Silver Corporation (NYSE: AG) Retreats -1.90 And It Still Have Room To Run

First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 9.89M but it saw 9785980 shares traded in last market. With a market cap of 2.60B USD, the company’s current market price of $6.18 came falling about -1.90 while comparing to the previous closing price of $6.30. 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. In the recent trading on the day, stock has struck highest price mark of $6.135 while lowest mark touched by it was $6.43.

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 -26.78% below from 52-week high level whereas it is 48.20% 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 $6.47 while that of 200 days or SMA-200 reads an average of $6.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.37% during that period while stretching the period over a month that increases to 4.89%. 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 38.48 which implies that the stock is in neutral territory.

Over the week, AG’s stock price is moving -5.79% down while it is -6.08% when we observe its performance for the past one month. Year-to-date it is 0.49% up and over the past year, the stock is showing an upside performance of 35.53%.

Currently, First Majestic Silver Corporation’s total number of outstanding shares is 301.62M. Company’s return on investment (ROI) stands at -4.90% and return on equity (ROE) at -5.75%. It has a 25.97 of forward P/E ratio. Stock’s beta reads 1.27. Stock has a price to book (P/B) ratio of 1.35 while price to sale or P/S ratio amounts to 4.95. Its return on asset (ROA) is -3.98% on average.