The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. First Majestic Silver Corporation’s current trading price is -42.71% away from its 52-week high, while its distance from the 52-week low is 26.48%. The stock’s price range for this period has been between $4.38 and $9.67 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 2.63 million for the day, a number notably lower than the average daily volume of 5.38 million over the last three months.
At present, First Majestic Silver Corporation (AG) has a stock price of $5.54. In the previous session, the stock saw a rise, peaking at $5.28 after an opening price of $5.12. The day’s lowest price was $5.09, and it closed at $5.24.
The market performance of First Majestic Silver Corporation’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $9.67 on 12/02/22, while the lowest value for the same duration was $4.38 on 11/02/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
First Majestic Silver Corporation (AG) has experienced a quarterly decline of -8.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.59B and boasts a workforce of 4634 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.65, with a change in price of -0.08. Similarly, First Majestic Silver Corporation recorded 5,125,272 in trading volume during the last 100 days, posting a change of -1.33%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for AG stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.18.
AG Stock Stochastic Average
As of today, First Majestic Silver Corporation’s raw stochastic average for the last 50 days stands at 78.66%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 93.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 75.36% and 66.10%, respectively.
AG Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -33.57%.However, over the last six months, we can see a stronger performance of -9.62%. Over the last 30 days, the price of AG has fallen by 1.09%. And in the last five days, it has surged by 10.14%.