First Majestic Silver Corporation (NYSE: AG) Drops -12.04% Over A Month, But Analysts Still See Upside Potential

First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 10.15M but it saw 5144007 shares traded in last market. With a market cap of 1.68B USD, the company’s current market price of $5.58 came rising about 1.27 while comparing to the previous closing price of $5.51. 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 $5.46 while lowest mark touched by it was $5.59.

Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $6.02, while its current price level is -33.89% below from 52-week high level whereas it is 33.81% 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 $6.55 while that of 200 days or SMA-200 reads an average of $6.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.89% during that period while stretching the period over a month that increases to 4.01%. 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 36.93 which implies that the stock is in neutral territory.

Over the week, AG’s stock price is moving -5.45% down while it is -12.04% when we observe its performance for the past one month. Year-to-date it is -9.75% down and over the past year, the stock is showing a downside performance of -11.34%.

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 21.68 of forward P/E ratio. Stock’s beta reads 1.25. Stock has a price to book (P/B) ratio of 1.22 while price to sale or P/S ratio amounts to 3.19. Its return on asset (ROA) is -3.98% on average.