A-Mark Precious Metals, Inc. (NASDAQ:AMRK – Get Free Report) CFO Kathleen Taylor-Simpson sold 25,000 shares of A-Mark Precious Metals stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $43.98, for a total value of $1,099,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A-Mark Precious Metals Stock Performance
Shares of AMRK stock opened at $43.05 on Friday. The stock has a fifty day moving average price of $38.39 and a 200 day moving average price of $36.05. The stock has a market cap of $983.91 million, a PE ratio of 13.21 and a beta of -0.05. A-Mark Precious Metals, Inc. has a 1 year low of $23.14 and a 1 year high of $47.39. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.34 and a current ratio of 1.76.
A-Mark Precious Metals Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Thursday, July 18th were issued a dividend of $0.20 per share. The ex-dividend date was Thursday, July 18th. This represents a $0.80 annualized dividend and a yield of 1.86%. A-Mark Precious Metals’s dividend payout ratio is presently 24.54%.
Hedge Funds Weigh In On A-Mark Precious Metals
Analyst Ratings Changes
A number of analysts recently weighed in on the company. DA Davidson lifted their price target on A-Mark Precious Metals from $42.00 to $47.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. StockNews.com downgraded A-Mark Precious Metals from a “hold” rating to a “sell” rating in a research note on Monday, September 16th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, A-Mark Precious Metals presently has a consensus rating of “Hold” and an average price target of $47.67.
Check Out Our Latest Research Report on A-Mark Precious Metals
About A-Mark Precious Metals
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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