First Majestic Silver Corp. (AG):
Moving averages are among the most popular and widely used indicators. They represent a method of smoothing price data and removing noise to reveal and measure a trend. Moving averages are the basis of many technical trend-following systems. Being a trend following, lagging indicator, as the moving average always lags price action, they are used in order to confirm trends, once the latter have begun. Comparison between moving averages of different time periods can also show market momentum.
First Majestic Silver Corp. (AG) stock moved lower -5.80% in contrast to its 20 day moving average displaying short-term a downward movement of stock. It shifted -3.58% below its 50-day simple moving average. This is showing medium-term bearish trend based on SMA 50. The stock price went overhead 3.65% from its 200-day simple moving average identifying long-term upward trend.
First Majestic Silver Corp. (AG) settled with change of -0.48% pushing the price on the $6.27 per share in recent trading session ended on Friday. The latest trading activity showed that the stock price is 36.60% off from its 52-week low and traded with move of -26.06% from high printed in the last 52-week period. The Company kept 171.35M Floating Shares and holds 193.57M shares outstanding.
The company’s earnings per share shows growth of -100.00% for the current year . Analyst projected EPS growth for the next 5 years at46.80%. The company’s EPS growth rate for past five years was -31.03%. The earnings growth rate for the next years is an important measure for investors planning to hold onto a stock for several years. The company’s earnings will usually have a direct relationship to the price of the company’s stock. Sales growth quarter over quarter is at 21.20%.
Shares price moved with -12.80% from its 50 Day high and distanced at 7.92% from 50 Day low. Analyses consensus rating score stands at 2.3. For the next one year period, the average of individual price target estimates referred by covering sell-side analysts is $9.54.
First Majestic Silver Corp. (AG) stock recent traded volume stands with 1638992 shares as compared with its average volume of 3248.48K shares. The relative volume observed at 0.5.
Trading volume can help an investor identify momentum in a stock and confirm a trend. If trading volume increases, prices generally move in the same direction. That is, if a security is continuing higher in an uptrend, the volume of the security should also increase and vice versa. Trading volume can also signal when an investor should take profits and sell a security due to low activity. If there is no relationship between the trading volume and the price of a security, this signals weakness in the current trend and a possible reversal.
David Culbreth – Category – Business
David Culbreth is a self-taught investor that has been investing in equities since she was a senior in college and continues to invest. He is extremely devoted to demystifying investing terminology for new investors.
David Culbreth is a senior author and journalist. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. David has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves.
As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. David observations and experience give him the insight to stock market patterns and the investor behaviors that create them.