Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. First Majestic Silver Corporation’s current trading price is -10.07% away from its 52-week high, while its distance from the 52-week low is 82.01%. The stock’s price range during this period has varied between $4.17 and $8.44. The company, active in the Basic Materials sector, saw a trading volume of around 16.86 million for the day, considerably higher average daily volume of 8.63 million observed over the last three months.
First Majestic Silver Corporation’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $8.44 on 04/12/24, and the lowest price during that time was $4.17, recorded on 02/13/24.
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How Financial Performance Impacts Market Capitalization
First Majestic Silver Corporation (AG) has experienced a quarterly rise of 23.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.29B and boasts a workforce of 3746 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.03, with a change in price of +0.33. Similarly, First Majestic Silver Corporation recorded 7,569,822 in trading volume during the last 100 days, posting a change of +4.55%.
How AG’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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 0.17.
AG Stock Stochastic Average
As of today, the raw stochastic average of First Majestic Silver Corporation over the past 50 days is 93.46%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 88.65%. Additionally, the Stochastic %K and %D values for the company were 75.24% and 67.47%, respectively, over the past 20 days.
AG Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 23.41%. However, over the past six months, we’ve seen a weaker performance of 15.88%. The price of AG fallen by 22.62% over the last 30 days. And in the last five days, it has surged by 16.23%.
