IAMGOLD Corporation (NYSE:IAG) went down by -5.50% from its latest closing price compared to the recent 1-year high of $3.77. The company’s stock price has collected -4.55% of loss in the last five trading sessions.
Is It Worth Investing in IAMGOLD Corporation (NYSE :IAG) Right Now?
Plus, the 36-month beta value for IAG is at 1.11. Opinions of the stock are interesting as 1 analysts out of 12 who provided ratings for IAMGOLD Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 6 as “sell.”
The average price from analysts is $2.39, which is $0.63 above the current price. IAG currently public float of 477.38M and currently shorts hold a 1.89% ratio of that float. Today, the average trading volume of IAG was 9.19M shares.
IAG’s Market Performance
IAG stocks went down by -4.55% for the week, with a monthly drop of -14.86% and a quarterly performance of -44.08%, while its annual performance rate touched -39.03%. The volatility ratio for the week stands at 6.61% while the volatility levels for the past 30 days are set at 6.32% for IAMGOLD Corporation. The simple moving average for the period of the last 20 days is -13.56% for IAG stocks with a simple moving average of -32.54% for the last 200 days.
Analysts’ Opinion of IAG
Raymond James gave a rating of “Underperform” to IAG, setting the target price at $2.25 in the report published on May 04th of the current year.
IAG Trading at -24.86% from the 50-Day Moving Average
After a stumble in the market that brought IAG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.87% of loss for the given period.
Volatility was left at 6.32%, however, over the last 30 days, the volatility rate increased by 6.61%, as shares sank -15.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.31% lower at present.
During the last 5 trading sessions, IAG fell by -4.55%, which changed the moving average for the period of 200-days by -21.25% in comparison to the 20-day moving average, which settled at $2.17. In addition, IAMGOLD Corporation saw -39.62% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for IAG
Current profitability levels for the company are sitting at:
- -7.69 for the present operating margin
- -3.94 for the gross margin
The net margin for IAMGOLD Corporation stands at -22.02. Equity return is now at value -10.50, with -6.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.