There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for AG is $9.50, which is $3.53 above than the current price. The public float for AG is 267.76M, and at present, short sellers hold a 5.41% of that float. The average trading volume of AG on March 17, 2023 was 6.37M shares.
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AG) stock’s latest price update
First Majestic Silver Corp. (NYSE: AG)’s stock price has decreased by 0.00 compared to its previous closing price of 6.92. Despite this, the company has experienced a 14.76% gain in its stock price over the last five trading sessions.
AG’s Market Performance
First Majestic Silver Corp. (AG) has experienced a 14.76% rise in stock performance for the past week, with a -4.81% drop in the past month, and a -23.28% drop in the past quarter. The volatility ratio for the week is 5.51%, and the volatility levels for the past 30 days are at 4.31% for AG. The simple moving average for the last 20 days is 5.80% for AG stock, with a simple moving average of -12.98% for the last 200 days.
AG Trading at -7.74% from the 50-Day Moving Average
After a stumble in the market that brought AG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.57% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 5.51%, as shares sank -2.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.72% lower at present.
During the last 5 trading sessions, AG rose by +14.76%, which changed the moving average for the period of 200-days by -17.52% in comparison to the 20-day moving average, which settled at $6.53. In addition, First Majestic Silver Corp. saw -17.03% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AG
Current profitability levels for the company are sitting at:
- -8.27 for the present operating margin
- +1.45 for the gross margin
The net margin for First Majestic Silver Corp. stands at -18.31.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.21.
Conclusion
In summary, First Majestic Silver Corp. (AG) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
