TD Securities rated the First Majestic Silver Corp. (NYSE: AG) stock “a Buy”. TD Securities’s estimates were contained in a research note released on Tuesday, October 20, 2020. Several other experts on Wall Street have posted such reports regarding the AG shares. Other experts at B. Riley FBR have the stock’s price target at $6 price; with their rating of the stock is “a Neutral.” These scores were published in a research note the firm released on Friday, March 01, 2019.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
Wall Street analysts tracking the First Majestic Silver Corp. (NYSE: AG) stock on daily basis. Out of 6 analysts, 2 deeming the stock a Buy and 1 gave it a rating of OVERWEIGHT. Another 3 recommended that AG is a HOLD, while 0 rated it UNDERWEIGHT and the same number recommended SELL. If we look at the broader picture, the above ratings give the stock an average analyst rating of 2.30.
First Majestic Silver Corp. has a market valuation of $2.61 billion and last released its earnings reports on 03/01/2021, for the quarterly period ended on 12/30/2017. The company’s revenue for the quarter stood at $167.74 billion. AG Company also reported its earnings per share (EPS) as -$0.04 for the quarter, which miss consensus estimates by analysts of -$0.02 by -$0.02, surprisingly -100.00% lower.
The stock market has more often than not ended up being extremely baffling, catching even some of the more experienced traders by surprise. It happens that even when results are as projected, the market sometimes just takes a sudden turn towards the opposite direction. Often such events lead to doubt and much speculation. At such time, it may pay to keep tabs on a stock’s historical price performance. Useful also would be knowledge of the stock’s trends, both the short term and long-term. First Majestic Silver Corp. (NYSE: AG) share prices have decreased by -9.36% over the past week, but are up 10.27% over prices posted in the last quarter. Going further back, the stock’s price has tanked 11.42% over the last 6 months but is down -12.13% in year-to-date trading.
A recent spot check on the stock’s support and resistance revealed that the publicly-traded First Majestic Silver Corp. (NYSE: AG) shares are trading at a price close to -18.86% lower than its 90-day high. On the other hand, the stock is +22.77% away from its low in the 90-day period. More broadly, AG’s current price is -18.94% away from 52-week high. The price is 183.21% above from its 52-week low.
Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 4.18%, and 4.45% for the month. This stock’s Average True Range (ATR) currently stands at 0.63. The indicator of Volatility helps exhibit the extent to which a stock is likely to plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, then its rate of volatility is high. Figures lower than 1, therefore, means that the stock’s volatility at that particular moment is low.
Shares of the First Majestic Silver Corp. (NYSE: AG) dropped by -$0.83 during Friday’s regular trading session to climb to $11.81. The company had a daily trading volume of 15.51 million shares, higher than its average intra-day trading volumes of about 5.80M shares.