The stock of A-Mark Precious Metals Inc (NASDAQ:AMRK) last traded at $30.69, up 2.13% from the previous session.
AMRK stock price is now 12.72% away from the 50-day moving average and -0.52% away from the 200-day moving average. The market capitalization of the company currently stands at $701.27M.
With the price target of $50, B. Riley Securities recently initiated with Buy rating for A-Mark Precious Metals Inc (NASDAQ: AMRK). On April 19, 2022, Northland Capital recently initiated its ‘Outperform’ rating on the stock quoting a target price of $105, while ‘DA Davidson’ rates the stock as ‘Buy’
In other news, ROBERTS GREGORY N, Chief Executive Officer sold 3,904 shares of the company’s stock on Mar 01 ’24. The stock was sold for $102,099 at an average price of $26.15. Upon completion of the transaction, the Chief Executive Officer now directly owns 28,202 shares in the company, valued at $0.87 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 29 ’24, Chief Executive Officer ROBERTS GREGORY N sold 8,696 shares of the business’s stock. A total of $220,047 was realized by selling the stock at an average price of $25.30. This leaves the insider owning 28,202 shares of the company worth $0.87 million. A total of 23.22% of the company’s stock is owned by insiders.
During the past 12 months, A-Mark Precious Metals Inc has had a low of $23.14 and a high of $40.95. As of last week, the company has a debt-to-equity ratio of 1.45, a current ratio of 1.86, and a quick ratio of 0.32. The fifty day moving average price for AMRK is $27.23 and a two-hundred day moving average price translates $31.17 for the stock.
The latest earnings results from A-Mark Precious Metals Inc (NASDAQ: AMRK) was released for Dec, 2023. According to the Capital Markets Company, earnings per share came in at $0.57, missing analysts’ expectations of $0.79 by -0.22. This compares to $1.36 EPS in the same period last year. The net profit margin was 1.09% and return on equity was 19.67% for AMRK. The company reported revenue of $2.08 billion for the quarter, compared to $1.95 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.62 percent. For the current quarter, analysts expect AMRK to generate $2.03B in revenue.
