Should You Sell First Majestic Silver Corporation (AG) And Go Away This Year?

First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 11.62M but it saw 19720859 shares traded in last market. With a market cap of 2.66B USD, the company’s current market price of $5.54 came rising about 3.75 while comparing to the previous closing price of $5.34. 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 $5.34 while lowest mark touched by it was $5.61.

Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $5.66, while its current price level is -34.36% below from 52-week high level whereas it is 32.85% 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 $5.92 while that of 200 days or SMA-200 reads an average of $6.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.79% during that period while stretching the period over a month that increases to 5.15%. 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 45.73 which implies that the stock is in neutral territory.

Over the week, AG’s stock price is moving -1.25% down while it is -2.46% when we observe its performance for the past one month. Year-to-date it is 0.91% up and over the past year, the stock is showing an upside performance of 13.99%.

Currently, First Majestic Silver Corporation’s total number of outstanding shares is 479.32M with 0.90% of that held by the insiders while 36.53% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -4.90% and return on equity (ROE) at -5.75%. It has a 15.63 of forward P/E ratio. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 1.21 while price to sale or P/S ratio amounts to 5.06. Its return on asset (ROA) is -3.98% on average.