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AG: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 13.09%.However, over the last six months, we can see a weaker performance of 29.04%. Over the last 30 days, the price of AG has fallen by 18.28%. And in the last five days, it has surged by 6.18%.

First Majestic Silver Corporation experienced a rather shaky stock market performance. The highest value in the past year was recorded at $8.44 on 04/12/24 and the lowest value was $4.17 on 02/13/24.

52-week price history of AG Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. First Majestic Silver Corporation’s current trading price is -17.59% away from its 52-week high, while its distance from the 52-week low is 66.79%. The stock’s price range during this period has varied between$4.17 and $8.44. The First Majestic Silver Corporation’s shares, which operate in the Basic Materials, saw a trading volume of around 3.04 million for the day, a figure considerably lower than their average daily volume of 9.27 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

First Majestic Silver Corporation (AG) has experienced a quarterly rise of 51.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.00B and boasts a workforce of 3746 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.66, with a change in price of +0.84. Similarly, First Majestic Silver Corporation recorded 8,218,213 in trading volume during the last 100 days, posting a change of +13.88%.

AG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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

First Majestic Silver Corporation’s raw stochastic average for the past 50 days is presently 63.78%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 33.26%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 41.35% and 45.37%, respectively.

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