Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, A-Mark Precious Metals Inc (NASDAQ: AMRK) closed at $23.21 down -8.15% from its previous closing price of $25.27. In other words, the price has decreased by -$8.15 from its previous closing price. On the day, 0.51 million shares were traded. AMRK stock price reached its highest trading level at $24.605 during the session, while it also had its lowest trading level at $22.1.
Ratios:
For a deeper understanding of A-Mark Precious Metals Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.27. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 0.38.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 534275616 and an Enterprise Value of 1377316224. As of this moment, A-Mark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.27, and their Forward P/E ratio for the next fiscal year is 7.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 0.13 whereas that against EBITDA is 19.286.
Stock Price History:
The Beta on a monthly basis for AMRK is 0.31, which has changed by -0.29086465 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, AMRK has reached a high of $47.39, while it has fallen to a 52-week low of $24.69. The 50-Day Moving Average of the stock is -15.52%, while the 200-Day Moving Average is calculated to be -30.23%.
Shares Statistics:
For the past three months, AMRK has traded an average of 253.46K shares per day and 304420 over the past ten days. A total of 23.02M shares are outstanding, with a floating share count of 16.75M. Insiders hold about 27.22% of the company’s shares, while institutions hold 61.33% stake in the company. Shares short for AMRK as of 1741910400 were 1464915 with a Short Ratio of 5.78, compared to 1739491200 on 1663575. Therefore, it implies a Short% of Shares Outstanding of 1464915 and a Short% of Float of 9.0.
Dividends & Splits
According to the company, the forward annual dividend rate for AMRK is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.03165809The current Payout Ratio is 28.15% for AMRK, which recently paid a dividend on 2025-01-14 with an ex-dividend date of 1736812800. Stock splits for the company last occurred on 2022-06-07 when the company split stock in a 2:1 ratio.
