Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. MAG Silver Corp.’s current trading price is -35.78% away from its 52-week high, while its distance from the 52-week low is 13.00%. The stock’s price range over this period has fluctuated between $8.19 and $14.42. The company, operating within the financial sector, had a trading volume of approximately 1.29 million for the day, which was noticeably higher than the average daily share volume of 0.64 million over the last 3 months.
In terms of market performance, MAG Silver Corp. had a fairly uneven. The highest value for the stock in the past year was $14.42 on 04/13/23, and the lowest value was recorded at $8.19 on 03/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MAG Silver Corp. (MAG) has experienced a quarterly decline of -14.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 953.32M and boasts a workforce of 11 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.83, with a change in price of -1.36. Similarly, MAG Silver Corp. recorded 704,550 in trading volume during the last 100 days, posting a change of -12.81%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MAG stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
MAG Stock Stochastic Average
Today’s raw stochastic average for MAG Silver Corp. over the last 50 days is 58.68%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 65.94%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 71.30% and 70.46%, respectively.
MAG Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -11.05%. However, over the past six months, we’ve seen a stronger performance of -17.03%. The price of MAG fallen by 6.56% over the last 30 days. And in the last five days, it has surged by 1.31%.
