Somewhat Favorable News Coverage Somewhat Unlikely to Affect A-Mark Precious Metals (AMRK) Share Price
News stories about A-Mark Precious Metals (NASDAQ:AMRK) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. A-Mark Precious Metals earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.0683963819736 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several equities analysts recently commented on the stock. decreased their price objective on shares of A-Mark Precious Metals from $19.00 to $17.50 and set a “neutral” rating for the company in a research report on Wednesday, November 15th. B. Riley decreased their price objective on shares of A-Mark Precious Metals from $19.00 to $17.50 and set a “neutral” rating for the company in a research report on Wednesday, November 15th. Finally, Zacks Investment Research raised shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research report on Tuesday, November 14th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $19.77.
A-Mark Precious Metals (AMRK) opened at $12.56 on Friday. A-Mark Precious Metals has a 1 year low of $12.55 and a 1 year high of $21.66. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.39 and a current ratio of 1.11. The stock has a market cap of $88.31, a P/E ratio of 15.90 and a beta of 0.03.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 24th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend is Wednesday, November 22nd. A-Mark Precious Metals’s dividend payout ratio is presently 40.51%.
In other A-Mark Precious Metals news, CEO Gregory N. Roberts sold 3,300 shares of the firm’s stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $16.37, for a total transaction of $54,021.00. Following the completion of the transaction, the chief executive officer now directly owns 26,056 shares of the company’s stock, valued at approximately $426,536.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 9,200 shares of company stock valued at $148,879 over the last three months. 38.80% of the stock is currently owned by insiders.
A-Mark Precious Metals Company Profile
A-Mark Precious Metals, Inc is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies.
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