Ideas And Forecasts On Iamgold Corp (NYSE: IAG)

Iamgold Corp (NYSE:IAG) currently has a daily average trading volume of 14.07M but it saw 13712528 shares traded in last market. With a market cap of 3.60B USD, the company’s current market price of $6.26 came rising about 2.29 while comparing to the previous closing price of $6.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.38 and as low as $3.44.

Taking a look at 20-day trading activity of Iamgold Corp (IAG) gives us an average price of $6.98, while its current price level is -25.30% below from 52-week high level whereas it is 81.98% 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 $6.52 while that of 200 days or SMA-200 reads an average of $5.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.15% during that period while stretching the period over a month that increases to 4.77%. 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 41.97 which implies that the stock is in neutral territory.

Over the week, IAG’s stock price is moving -8.61% down while it is -15.86% when we observe its performance for the past one month. Year-to-date it is 21.32% up and over the past year, the stock is showing an upside performance of 48.69%.

Currently, Iamgold Corp’s total number of outstanding shares is 575.00M with 0.14% of that held by the insiders while 72.26% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 17.99% and return on equity (ROE) at 28.42%. It has a price to earnings ratio (P/E ratio) of 4.45 while having a 6.04 of forward P/E ratio. Stock’s beta reads 1.13. Stock has a price to book (P/B) ratio of 1.06 while price to sale or P/S ratio amounts to 2.00. Its return on asset (ROA) is 15.99% on average.