The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of A-Mark Precious Metals Inc (NASDAQ: AMRK) closed at $26.05 in the last session, down -3.70% from day before closing price of $27.05. In other words, the price has decreased by -$3.70 from its previous closing price. On the day, 0.56 million shares were traded. AMRK stock price reached its highest trading level at $27.48 during the session, while it also had its lowest trading level at $25.82.
Ratios:
We take a closer look at AMRK’s different ratios to gain a better understanding of the stock. 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 1.54 whereas as Long-Term Debt/Eq ratio is at 0.57.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 603945792 and an Enterprise Value of 1549178752. As of this moment, A-Mark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.05, and their Forward P/E ratio for the next fiscal year is 6.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 0.156 whereas that against EBITDA is 20.425.
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 $24.22. The 50-Day Moving Average of the stock is -22.78%, while the 200-Day Moving Average is calculated to be -27.78%.
Shares Statistics:
According to the various share statistics, AMRK traded on average about 287.38K shares per day over the past 3-months and 289630 shares per day over the past 10 days. A total of 23.18M shares are outstanding, with a floating share count of 17.98M. Insiders hold about 22.46% of the company’s shares, while institutions hold 66.27% stake in the company. Shares short for AMRK as of 1732838400 were 2170819 with a Short Ratio of 7.55, compared to 1730332800 on 2773561. Therefore, it implies a Short% of Shares Outstanding of 2170819 and a Short% of Float of 13.200000000000001.
Dividends & Splits
The forward annual dividend rate for AMRK is 0.80, which was 0.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.029574862
