First Majestic Silver Corp. (AG) And VEREIT, Inc. (VER) Might See A Big Erosion In Value

3 analysts out of 5 Wall Street brokerage firms rate First Majestic Silver Corp. (NYSE:AG) as a Buy, while 0 see it as a Sell. The rest 2 describe it as a Hold. AG stock traded higher to an intra-day high of $6.82. At one point in session, its potential discontinued and the price was down to lows at $6.6. Analysts have set AG’s consensus price at $9.54, effectively giving it a 44.11% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $9.11 (up 37.61% from current price levels). AG has a 0% ROE, lower than the 11.65% average for the industry. The average ROE for the sector is 8.49%.

First Majestic Silver Corp. (AG) currently trades at $6.62, which is lower by -4.89% its previous price. It has a total of 193.57 million outstanding shares, with an ATR of around 0.26. The company’s stock volume rose to 3.44 million, better than 3.32 million that represents its 50-day average. A 5-day increase of about 2% in its price means AG is now 12.39% higher on year-to-date. The shares have surrendered $43427.38 since its $8.48 52-week high price recorded on 9th of July 2018. Overall, it has seen a growth rate of 9.24 over the last 12 months. The current price per share is $2.03 above the 52 week low of $4.59 set on 30th of November 2018.

First Majestic Silver Corp. (NYSE:AG)’s EPS was $-0.05 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $-0.04. That means that its growth in general now stands at 25%. Therefore, a prediction of $-0.06 given by the analysts brought a negative surprise of -17%. AG Dec 19 quarter revenue was $74.1 million, compared to $61.9 million recorded in same quarter last year, giving it a 20% growth rate. The company’s $12.2 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

VEREIT, Inc. (NYSE:VER) shares depreciated -0.48% over the last trading period, taking overall 5-day performance up to 3.25%. VER’s price now at $8.27 is greater than the 50-day average of $7.91. Getting the trading period increased to 200 days, the stock price was seen at $7.59 on average. The general public currently hold control of a total of 965.7 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 967.8 million. The company’s management holds a total of 0.5%, while institutional investors hold about 93.9% of the remaining shares. VER share price finished last trade 2.04% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 9.05%, while closing the session with 4.87% distance from 50 day simple moving average.

VEREIT, Inc. (VER) shares were last observed trading -1.31% down since February 12, 2019 when the peak of $8.38 was hit. Last month’s price growth of -0.12% puts VER performance for the year now at 15.66%. Consequently, the shares price is trending higher by 26.84%, a 52-week worst price since Apr. 23, 2018. However, it is regaining value with 7.96% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $8.22 and $8.24. The immediate resistance area is now $8.31 Williams’s %R (14) for VER moved to 14.16 while the stochastic %K points at 91.55.