First Majestic Silver Corporation (NYSE: AG) Increases 3.97% Over A Month, But Analysts Still See Upside Potential

First Majestic Silver Corporation (NYSE:AG) currently has a daily average trading volume of 12.54M but it saw 25080887 shares traded in last market. With a market cap of 2.89B USD, the company’s current market price of $6.02 came falling about -2.27 while comparing to the previous closing price of $6.16. 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 $5.94 while lowest mark touched by it was $6.23.

Taking a look at 20-day trading activity of First Majestic Silver Corporation (AG) gives us an average price of $5.72, while its current price level is -28.67% below from 52-week high level whereas it is 44.36% 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 $5.86 while that of 200 days or SMA-200 reads an average of $6.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.90% during that period while stretching the period over a month that decreases to 5.55%. 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 55.09 which implies that the stock is in neutral territory.

Over the week, AG’s stock price is moving 8.66% up while it is 3.97% when we observe its performance for the past one month. Year-to-date it is 9.65% up and over the past year, the stock is showing an upside performance of 25.42%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is -0.12. Moreover, analysts are in estimates of $229.15M for current-quarter revenue.

Currently, First Majestic Silver Corporation’s total number of outstanding shares is 479.32M with 0.90% of that held by the insiders while 36.09% 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 16.98 of forward P/E ratio. Stock’s beta reads 1.15. Stock has a price to book (P/B) ratio of 1.32 while price to sale or P/S ratio amounts to 5.49. Its return on asset (ROA) is -3.98% on average.