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 -6.90% away from its 52-week high, while its distance from the 52-week low is 82.84%. The stock’s price range during this period has varied between $4.43 and $8.70. The company, active in the Basic Materials sector, saw a trading volume of around 34.16 million for the day, considerably higher average daily volume of 23.5 million observed over the last three months.
The market performance of First Majestic Silver Corporation has been somewhat stable.
How Financial Performance Impacts Market Capitalization
First Majestic Silver Corporation (AG) has experienced a quarterly rise of 14.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.93B.
The Role of Moving Averages and Trading Volume in Technical Analysis
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 0.10. Similarly, the long-term debt-to-equity ratio is also 0.09.
AG Stock Price Performance Analysis
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. Year to date metric has recorded a gain of 34.11%.However, over the last six months, we can see a weaker performance of 36.82%. Over the last 30 days, the price of AG has fallen by 36.82%. And in the last five days, it has fallen by -1.70%.
