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A-Mark Precious Metals Inc (NASDAQ: AMRK) closed the day trading at $31.59 down -16.05% from the previous closing price of $37.63. In other words, the price has decreased by -$16.05 from its previous closing price. On the day, 1.38 million shares were traded. AMRK stock price reached its highest trading level at $35.99 during the session, while it also had its lowest trading level at $31.32.
Ratios:
For a better understanding of AMRK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 0.56.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMRK now has a Market Capitalization of 731902400 and an Enterprise Value of 1668036480. As of this moment, A-Mark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.43, and their Forward P/E ratio for the next fiscal year is 6.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 0.168 whereas that against EBITDA is 21.992.
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 $23.14. The 50-Day Moving Average of the stock is -24.30%, while the 200-Day Moving Average is calculated to be -11.41%.
Shares Statistics:
Over the past 3-months, AMRK traded about 310.32K shares per day on average, while over the past 10 days, AMRK traded about 220450 shares per day. A total of 22.95M shares are outstanding, with a floating share count of 17.97M. Insiders hold about 22.44% of the company’s shares, while institutions hold 65.65% stake in the company. Shares short for AMRK as of 1728950400 were 2751672 with a Short Ratio of 8.87, compared to 1726185600 on 3556193. Therefore, it implies a Short% of Shares Outstanding of 2751672 and a Short% of Float of 16.75.
Dividends & Splits
AMRK’s forward annual dividend rate is 0.80, up from 0.6 a year ago. Against a Trailing Annual Dividend Yield of 0.015944725
