A Look Ahead For 2 Stocks: NVIDIA Corporation (NVDA), First Majestic Silver Corp. (AG)

Shares of NVIDIA Corporation (NASDAQ:NVDA) opened at $247, and ended 1.81% higher at $249.76. Nearly 15.08 million shares were traded by the close, higher than its average daily volume of 15.03 million shares.

NVIDIA Corporation (NVDA) Analyst Opinion

NVIDIA Corporation has a consensus outperform rating from 34 Wall Street analysts, and the number of shares currently sold short amount to at least 2.08% of shares outstanding. The stock spiked 14.82% last month and is up 29.07 this year. Wall Street is only getting more bullish on the stock, with 20 of analysts who cover NVDA having a buy-equivalent rating. Analysts have placed a $251.12 price target on NVIDIA Corporation, suggesting a 0.54% gain from recent close. It’s currently trading about -0.88% below its 52-week high.

NVIDIA Corporation Earnings Surprise

NVIDIA Corporation (NVDA) surprised the stock market in its last reported earnings when it earned $1.57 a piece versus the consensus-estimated $1.17. Its revenue totaled $2.69 billion up 1.86% from the previous quarter.

NVIDIA Corporation (NASDAQ:NVDA) Intraday View

This stock (NVDA) is ahead of its 52-week low with 161.56%. Its last month’s stock price volatility remained 2.07% which for the week stands at 3.52%. The share price has moved forward from its 20 days moving average, trading at a distance of 3.79% and stays 8.23% away from its 50 days moving average. Over the last five days, shares have managed 5.99% gains and now is up 31.53% since hitting its 200-day moving average of $205.49. NVIDIA Corporation (NVDA) has made its way to a 12-month gain of 151.98%.

Turning to First Majestic Silver Corp. (NYSE:AG), its shares were trading at $5.97 a gain of $0.14, on the trading floor. The stock, after opening at $5.79, touched a high of $6.01 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. First Majestic Silver Corp. has 0 buy ratings, 2 holds and 0 sells even after the stock tumbled -37.72% from its high of $9.59 to a $989.04 million market value through last close.

First Majestic Silver Corp. (AG) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.4 to 2.5 during a month. Analysts set a 12-month price target of $9.54 a share. The target implies a 59.8% spike from where the shares are currently trading. Also, the current price highlights a discount of 92.63% to analysts’ high consensus price target.

First Majestic Silver Corp. (NYSE:AG) Intraday Trading

The counter witnessed a trading volume of 2.16 million shares versus an average volume of 4.07 million shares during last trading session. Its last month’s stock price volatility remained 4.44% which for the week approaches 5.22%. The lowest price the stock reached in the last trading day was $5.77 and compares with the $4.93 52-week low. The stock recovered 21.1% since its low point and has performed -11.42% year-to-date.

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