Equinox Gold Corp. (AMEX:EQX) went down by -5.64% from its latest closing price compared to the recent 1-year high of $9.07. The company’s stock price has collected -8.39% of loss in the last five trading sessions. The Wall Street Journal reported on 04/19/21 that Peloton, Coca-Cola, Tesla: What to Watch When the Stock Market Opens Today
Is It Worth Investing in Equinox Gold Corp. (AMEX :EQX) Right Now?
Equinox Gold Corp. (AMEX:EQX) scored a price-to-earnings ratio above its average ratio, recording 3.37 x from its present earnings ratio. Plus, the 36-month beta value for EQX is at 0.78. Opinions of the stock are interesting as 7 analysts out of 12 who provided ratings for Equinox Gold Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $9.82, which is $7.36 above the current price. EQX currently public float of 265.99M and currently shorts hold a 3.85% ratio of that float. Today, the average trading volume of EQX was 2.11M shares.
EQX’s Market Performance
EQX stocks went down by -8.39% for the week, with a monthly drop of -12.85% and a quarterly performance of -41.08%, while its annual performance rate touched -30.28%. The volatility ratio for the week stands at 5.92% while the volatility levels for the past 30 days are set at 5.50% for Equinox Gold Corp. The simple moving average for the period of the last 20 days is -13.15% for EQX stocks with a simple moving average of -28.33% for the last 200 days.
EQX Trading at -21.96% from the 50-Day Moving Average
After a stumble in the market that brought EQX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.65% of loss for the given period.
Volatility was left at 5.50%, however, over the last 30 days, the volatility rate increased by 5.92%, as shares sank -15.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.08% lower at present.
During the last 5 trading sessions, EQX fell by -8.39%, which changed the moving average for the period of 200-days by -31.42% in comparison to the 20-day moving average, which settled at $5.74. In addition, Equinox Gold Corp. saw -25.74% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EQX
Current profitability levels for the company are sitting at:
- +14.20 for the present operating margin
- +19.69 for the gross margin
The net margin for Equinox Gold Corp. stands at +51.27.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.89.