Rising From The Dead? Agnico Eagle Mines Limited (AEM), Gentex Corporation (GNTX)

The stock of Agnico Eagle Mines Limited (AEM) increased by 1.23% to finish the standard trading session at $84.18. During that period, a total of 741923 shares were traded, and this stock’s average trading volume is currently 1.38M shares per day. Important things to pay attention to when considering a stock’s current and future price are the 52-week high and low price points. Shares of Agnico Eagle Mines Limited (AEM) are currently -5.66% below their 52-week high mark and 171.55% higher than the 52-week low mark.

Van Eck Associates Corp. opened a new position with shares of Agnico Eagle Mines Limited (AEM) during the lastest quarter, according to the public company’s latest Form 13F filing with the US Securities and Exchange Commission (SEC). This particular institutional investor became the owner of 13,250,488 shares of the Gold provider’s common stock, which is currently worth approximately $1.05 billion. According to the latest SEC filing from Van Eck Associates Corp., the firm held approximately 5.48% of Agnico Eagle Mines Limited. On a separate note, Massachusetts Financial Services … entered a new position in Agnico Eagle Mines Limited stock during the lastest quarter, holdings valued at $762.86 million. Institutional investors and hedge funds hold 78.10% of this public company’s common stock.

Turning now to this publicly-traded company’s past performance, we will explore different moving trends for AEM. This stock gained 8.48% during the last week and fall -1.95% over the last one-month period. Shares of this organization’s stock rose 29.33% throughout the last quarter. Within the last six months, the stock has increased 56.09%, with a full-year gain of 62.38%. At the time of writing, this stock’s year-to-date (YTD) price performance is now positive at 36.63%.

Out of a total of 18 brokerages that are currently covering Agnico Eagle Mines Limited (AEM) stock, the average recommendation is “Overweight” according to WSJ. 2 equities research analyst has rated the stock with a “Overweight” recommendation, 12 analysts have given this stock a “Buy” recommendation, 3 analysts have recommended that investors “Hold” this stock, and 1 analysts have given this stock a “Sell” rating and 0 suggested “Underweight”. Analysts’ average 1-year price target, among all the brokerages, is $92.60.

Shares of Gentex Corporation (GNTX) managed to reach a high of $27.68 and dropped down to a low of $27.09, before this stock settled at $27.14 at the end of the latest trading session. This organization’s stock has been displaying bearish momentum. Its Average True Range, or ATR, has fallen consistently after each of the most recent 14 trading sessions. Stock traders typically look at the ATR when they want to focus on technical analysis. At the time of writing, the 14-day ATR for Gentex Corporation (GNTX) is sitting at 0.59. Gentex Corporation currently has a 52-week low of $19.48 with a 52-week high of $31.27. This organization has a debt-to-equity ratio of 0.04, a quick ratio of 2.80, and a current ratio of 3.90. This public company has a market cap of $6.61 billion, a beta of 1.14, a price-to-earnings-growth ratio of 1.53, and price-to-earnings ratio of 22.94.

Downing Steven R, the President and CEO of Gentex Corporation (GNTX), sold 6,000 shares of Gentex Corporation stock in an exchange that took place on Sep 30. The shares were sold at an average price of $25.81 each, amounting to a total Sale worth $154,879. As of the close of the Sale, the President and CEO now directly holds 133,175 shares of the organization’s stock, which is now worth about $3614369.5. The deal was disclosed in a Securities & Exchange Commission legal filing, which can be publicly viewed on the SEC website.

Gentex Corporation (GNTX) most recently publicly disclosed its earnings results on July 24, 2020. The organization posted $0.02 earnings per share (EPS) during the three-month period, which was -$0.1 lower than the consensus estimate of $0.12. The company experienced a positive return on equity of 15.70% and a positive net margin of 18.40%. Gentex Corporation reported revenue of $1.61B during the last year. During the year-ago, the company reported $1.18 EPS. Analysts forecast that Gentex Corporation will report EPS of $0.4 for the current fiscal year.

Stock traders are taking a renewed look at shares of Gentex Corporation. This stock’s current 14-day RSI is standing at 57.07%, with a 9-day RSI of 60.08%, and a 20-day RSI of 54.88%. The RSI, which stands for Relative Strength Index, is a widely-used oscillating indicator trusted by investors and traders alike. The RSI works within a range-bound space with values on a scale from 0 to 100. When the RSI line rises, the shares may be showing strength. The contrary is the case when the RSI line starts to fall. When using the RSI indicator, different time periods may be looked at. When using a shorter time frame, the RSI might be more volatile. A lot of traders keep their focus between the 30 and 70 marks on the RSI scale. A shift higher than 70 is widely-considered to demonstrate that the stock has entered overbought territory. Meanwhile, a drop below 30 indicates that it may be in oversold territory. Traders often use these levels to predict stock price reversals.