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AG Stock Update: First Majestic Silver Corporation’s Banking’s Market Struggles and Potential Opportunities

First Majestic Silver Corporation ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $8.07 on 04/13/23, while the lowest value for the same period was recorded at $4.38 on 11/02/23.

52-week price history of AG Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. First Majestic Silver Corporation’s current trading price is -42.63% away from its 52-week high, while its distance from the 52-week low is 5.71%. The stock’s price range during the 52-week period has remained between $4.38 and $8.07. In the Basic Materials sector, the company’s shares saw a trading volume of around 2.46 million for the day, which was evidently higher than the average daily volume of 0.7 over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

First Majestic Silver Corporation (AG) has experienced a quarterly decline of -0.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.33B and boasts a workforce of Nov 14 2023 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.33, with a change in price of -0.70. Similarly, First Majestic Silver Corporation recorded 6,349,105 in trading volume during the last 100 days, posting a change of -13.20%.

Examining AG’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 4.59%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 10.11%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 7.31% and 8.65%, respectively.

AG Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -24.72%. However, over the past six months, we’ve seen a stronger performance of -27.54%. The price of AG leaped by -12.81% over the last 30 days. And in the last five days, it has surged by 0.65%.

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