Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 12.75% this year. Over the last six months, there has been a stronger performance of -21.84%. The price of AG leaped by -8.84% during the last 30 days period. For the last 5-days stocks have slided -5.06%.
In terms of market performance, First Majestic Silver Corporation had a somewhat inconsistent run in. The highest value for the stock in the past year was $8.09 on 05/20/24, while the lowest value was $4.43 on 08/05/24.
52-week price history of AG Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. First Majestic Silver Corporation’s current trading price is -23.49% away from its 52-week high, while its distance from the 52-week low is 39.73%. The stock’s price range for this period has been between $4.43 and $8.09. The Basic Materials sector company’s shares saw a trading volume of about 18.1 million for the day, which was lower than the average daily volume of 21.05 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
First Majestic Silver Corporation (AG) has experienced a quarterly rise of 10.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.00B.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.99, with a change in price of +0.05. Similarly, First Majestic Silver Corporation recorded 17,624,264 in trading volume during the last 100 days, posting a change of +0.81%.
AG’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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
As of today, the raw stochastic average of First Majestic Silver Corporation over the last 50 days is at 45.64%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 53.60%. Further, the company’s Stochastic %K and %D values for the last 20 days were 53.90% and 52.23%, respectively.
