A-Mark Precious Metals, Inc. (NASDAQ:AMRK – Get Free Report) CEO Gregory N. Roberts sold 7,680 shares of A-Mark Precious Metals stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $44.03, for a total value of $338,150.40. Following the transaction, the chief executive officer now owns 28,202 shares in the company, valued at approximately $1,241,734.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
A-Mark Precious Metals Trading Up 0.1 %
NASDAQ:AMRK traded up $0.03 on Friday, reaching $43.46. The company’s stock had a trading volume of 264,522 shares, compared to its average volume of 372,158. A-Mark Precious Metals, Inc. has a 12-month low of $23.14 and a 12-month high of $47.39. The company has a quick ratio of 0.34, a current ratio of 1.76 and a debt-to-equity ratio of 0.50. The firm has a market cap of $993.28 million, a price-to-earnings ratio of 14.65 and a beta of -0.05. The stock has a 50 day moving average price of $38.24 and a 200 day moving average price of $35.94.
A-Mark Precious Metals Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Thursday, July 18th were given a $0.20 dividend. The ex-dividend date was Thursday, July 18th. This represents a $0.80 dividend on an annualized basis and a yield of 1.84%. A-Mark Precious Metals’s dividend payout ratio is currently 24.54%.
Institutional Investors Weigh In On A-Mark Precious Metals
Analyst Ratings Changes
A number of equities analysts recently commented on AMRK shares. StockNews.com downgraded A-Mark Precious Metals from a “hold” rating to a “sell” rating in a research report on Monday. DA Davidson lifted their price objective on A-Mark Precious Metals from $42.00 to $47.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $47.67.
View Our Latest Report on A-Mark Precious Metals
A-Mark Precious Metals Company Profile
A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.
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