Why You should Invest In First Majestic Silver Corp. (NYSE:AG)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of First Majestic Silver Corp. (NYSE:AG) for the period of 9-Day stands at 64.29% while the stochastic %D for the same period stands at 66.79%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of First Majestic Silver Corp. (NYSE:AG) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for First Majestic Silver Corp. (NYSE:AG) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently First Majestic Silver Corp. (NYSE:AG)’s 20-Day Bollinger Band indicates “Hold”.

About Company

First Majestic Silver Corp. is engaged in the production, development, exploration, and acquisition of silver mines in Mexico. First Majestic Silver Corp. is headquartered in Vancouver, Canada.

Previous Day Activity Analysis

On the last trading day, First Majestic Silver Corp. (NYSE:AG) opened the session at $7.32 and after going up 0.41% closed at $7.27. The stock lost -0.05 points in the last trade.

First Majestic Silver Corp. (NYSE:AG)’s stock fluctuated in the range of $7.23 and $7.36 during the previous active session. First Majestic Silver Corp. (NYSE:AG) traded with the volume of 1.65 Million with average volume of 3.5 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.27 and 56.14 respectively.

Currently the Insider Ownership of the shares of First Majestic Silver Corp. (NYSE:AG) is at 0% and the shares outstanding are 165.17 Million.

Important Ratio Analysis

Some important ratios to consider here for First Majestic Silver Corp. (NYSE:AG) are discussed below:

Dividend yield of First Majestic Silver Corp. (NYSE:AG) stands at 0% whereas Price to Earnings P/E ratio stands at 93.21 while Forward P/E shows the value of 34.62.

The PEG ratio (Price to Earning to Growth) emits the value of 1.99. The Price to Sale P/S and Price to Book P/B shows the value of 4.37 and 1.9 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 0 correspondingly.

The Quick Ratio of First Majestic Silver Corp. (NYSE:AG) stands at 0 while the Current Ratio depicts the value of 0.

Return on Assets ROA of First Majestic Silver Corp. (NYSE:AG) is at 0% whereas, Return on Equity ROE and Return of Investment ROI of First Majestic Silver Corp. (NYSE:AG) stand at 0% and 0% respectively.

Stock Performance Analysis

The stock performance of First Majestic Silver Corp. (NYSE:AG) on the basis of 5 day trade show the dip of -1.09% whereas, the monthly performance of the stock shows increase of 2.11%.

The quarterly performance of the stock remained in red zone with the value of -8.44% while six month performance of the shares of First Majestic Silver Corp. (NYSE:AG) remained bearish with the count of -21.06%.

The yearly and YTD performance of First Majestic Silver Corp. (NYSE:AG) remained down at -9.35% and -4.72% respectively.