Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $23.88 in the prior trading day, A-Mark Precious Metals Inc (NASDAQ: AMRK) closed at $20.71, down -13.27%. In other words, the price has decreased by -$13.27 from its previous closing price. On the day, 1.03 million shares were traded.
Ratios:
Our goal is to gain a better understanding of AMRK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.27. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 0.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on May 22, 2024, initiated with a Buy rating and assigned the stock a target price of $63.
On May 15, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $33.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 20 ’24 when BENJAMIN JEFFREY D sold 60,000 shares for $43.65 per share. The transaction valued at 2,618,965 led to the insider holds 664,198 shares of the business.
Wittmeyer Michael R. sold 74,842 shares of AMRK for $3,292,851 on Sep 19 ’24. The Director now owns 292,535 shares after completing the transaction at $44.00 per share. On Sep 20 ’24, another insider, Wittmeyer Michael R., who serves as the Director of the company, sold 10,975 shares for $43.30 each. As a result, the insider received 475,187 and left with 292,535 shares of the company.
Valuation Measures:
As of this moment, A-Mark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.93, and their Forward P/E ratio for the next fiscal year is 8.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.79.
Stock Price History:
Over the past 52 weeks, AMRK has reached a high of $47.39, while it has fallen to a 52-week low of $20.60. The 50-Day Moving Average of the stock is -18.55%, while the 200-Day Moving Average is calculated to be -35.20%.
Shares Statistics:
A total of 24.62M shares are outstanding, with a floating share count of 16.70M. Insiders hold about 27.43% of the company’s shares, while institutions hold 62.09% stake in the company.
