First Majestic Silver Corp. (AG) Starting To Look Attractive

TD Securities rated the First Majestic Silver Corp. (NYSE:AG)’s stock as a Buy in a research note published on Tuesday, May 15th, 2018. Other Wall Street experts have also recently posted reports on these shares. BMO Capital Markets gave the stock a Market Perform rating in a research note from Monday, May 14th, 2018. ROTH Capital posted a $9 price target for First Majestic Silver Corp. stock and rated the stock as a Buy in a research note dated Wednesday, April 25th, 2018.

At the moment, there are a total of 5 analysts who cover First Majestic Silver Corp. (NYSE:AG) stock. Among that group, 0 of them gave BUY ratings, 4 of them rated the stock as OUTPERFORM, 1 recommended it as HOLD, 0 set the rating at UNDERPERFORM and 0 rated it as a SELL. Looking at the big picture from the data above, the average analyst rating for First Majestic Silver Corp. is 2.30.

The company, which is valued at $1.17B, last published its earnings results on Wednesday, 11/07/2018 for the quarter that ended in Sep-18. The business posted revenue of $88.50 million for the three-month period, below -$2.5 million, compared to analysts’ forecasts of $91.00 million with a surprise factor of 2.75%. The organization posted -$0.03 earnings per share (EPS) for the three-month period, surpassing the Thomson Reuter’s analyst consensus estimate of -$0.03 amounting to a surprise factor of -15.38%.

At times, the stock market can get highly confusing – even for some of the most experienced traders. Even when the result is what you had expected, the market might suddenly decide to make an opposing movement. This can spark a great deal of doubt and second-guessing. Keeping tabs on historical price performance, as well as both long-term and short-term trends, can be very useful. Over the past 7 days, First Majestic Silver Corp. (NYSE:AG) stock has increased in price by 5.39%. Looking backwards over the past quarter, these shares have gained 5.94%. Turning to look at the last 6 months, this stock has dropped 26.63% to its price. Since the beginning of the calendar year, this stock has moved down by 14.04%.

Now let’s examine some potential support and resistance levels for this particular stock. Following a recent spotcheck, the public organization First Majestic Silver Corp. (NYSE:AG) has been observed as trading -6.77% away from its 90-day high price. Taking a look at the other side of things, this stock has been trading +32.03% away from its 90-day low. Moving to a broader perspective, this stock has recently been trading -28.54% away from its 52-week high and +32.03% away from its 52-week low price.

Now let’s look at this public company’s trading volatility. Its 1-Week Volatility currently stands at 4.91%, while its Month Volatility is 5.38%. This stock’s ATR (Average True Range) is currently 0.30. Volatility demonstrates how much the stock will dive or rise if the wider market suffers or surges. A stock that has a beta score higher than 1 means that volatility is high, while less than 1 means that volatility is low.

First Majestic Silver Corp. (NYSE:AG) stock slipped -$0.15 lower during the regular trading session on Monday, hitting $6.06. This organization’s stock showed a trading volume of 3.45 million shares, compared to its average daily volume of 2.81M shares.