MAG Silver Corp. (AMEX:MAG) price closed lower on Friday, April 12, dropping -2.21% below its previous close.
A look at the daily price movement shows that the last close reads $12.21. The company’s P/E ratio in the trailing 12-month period read 25.30. Taking into account the 52-week price action we note that the stock hit a 52-week high of $14.42 and 52-week low of $8.19. The stock added 28.94% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give MAG a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that MAG’s price is at present 13.16% off the SMA20 and 25.36% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 64.96, with weekly volatility standing at 5.07%. The indicator jumps to 5.15% when calculated based on the past 30 days. MAG Silver Corp. (AMEX:MAG)’s beta value is holding at 1.15, while the average true range (ATR) indicator is currently reading 0.56. An analysis of the MAG Silver Corp. (AMEX:MAG) stock in terms of its daily trading volume indicates that the 3-month average is 855.39K.
Current records show that the company has 102.97M in outstanding shares. The insiders’ percentage holdings are 10.00% of outstanding shares while the percentage share held by institutions stands at 59.84%. But the 14.70% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
