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. Until today this year the stock’s price performance recorded an increase of 14.57%. However, over the last six months, the performance has been weaker by 0.80%. The price of AG decreased -5.84% over the last 30 days. And in the last five days, it has surged by 12.72%.
First Majestic Silver Corporation saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $8.44 on 04/12/24, while the lowest price for the same duration was marked at $4.43 on 08/05/24.
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 -25.47% away from its 52-week high, while its distance from the 52-week low is 41.99%. The stock’s price range during this period has varied between$4.43 and $8.44. The First Majestic Silver Corporation’s shares, which operate in the Basic Materials, saw a trading volume of around 26.03 million for the day, a figure considerably higher than their average daily volume of 20.44 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
First Majestic Silver Corporation (AG) has experienced a quarterly rise of 7.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.04B.
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 5.99, with a change in price of -0.16. Similarly, First Majestic Silver Corporation recorded 16,706,703 in trading volume during the last 100 days, posting a change of -2.48%.
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 0.18. Similarly, the long-term debt-to-equity ratio is also 0.16.
AG Stock Stochastic Average
First Majestic Silver Corporation’s raw stochastic average for the past 50 days is presently 49.79%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 47.73%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 38.66% and 25.56%, respectively.