First Majestic Silver Corporation (NYSE: AG) Emerges As Guiding Light For Investors

First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 10.65M but it saw 9585426 shares traded in last market. With a market cap of 1.87B USD, the company’s current market price of $6.20 came falling about -7.19 while comparing to the previous closing price of $6.68. 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 $6.18 while lowest mark touched by it was $6.51.

Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $6.32, while its current price level is -26.54% below from 52-week high level whereas it is 48.68% 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 $6.66 while that of 200 days or SMA-200 reads an average of $6.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.28% during that period while stretching the period over a month that decreases to 4.34%. 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 45.74 which implies that the stock is in neutral territory.

Year-to-date it is 0.81% up and over the past year, the stock is showing an upside performance of 13.55%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0.07 while estimate for next year EPS is -0.12. Moreover, analysts are in estimates of $229.02M for current-quarter revenue.

Currently, First Majestic Silver Corporation’s total number of outstanding shares is 301.72M. Company’s return on investment (ROI) stands at -4.90% and return on equity (ROE) at -5.75%. It has a 26.05 of forward P/E ratio. Stock’s beta reads 1.24. Stock has a price to book (P/B) ratio of 1.36 while price to sale or P/S ratio amounts to 3.56. Its return on asset (ROA) is -3.98% on average.