Somewhat Critical Press Coverage Somewhat Unlikely to Affect A-Mark Precious Metals (AMRK) Stock Price
News articles about A-Mark Precious Metals (NASDAQ:AMRK) have been trending somewhat negative this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. A-Mark Precious Metals earned a media sentiment score of -0.04 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.5609594131625 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
AMRK has been the topic of a number of research analyst reports. B. Riley reduced their price objective on shares of A-Mark Precious Metals from $19.00 to $17.50 and set a “neutral” rating on the stock in a research report on Wednesday, November 15th. 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. Finally, reduced their price objective on shares of A-Mark Precious Metals from $19.00 to $17.50 and set a “neutral” rating on the stock in a research report on Wednesday, November 15th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $19.77.
Shares of A-Mark Precious Metals (AMRK) opened at $14.31 on Tuesday. 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 company has a market cap of $102.24, a PE ratio of 18.11 and a beta of 0.03. A-Mark Precious Metals has a 1 year low of $12.51 and a 1 year high of $21.66.
In other news, CEO Gregory N. Roberts sold 3,300 shares of the stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $16.37, for a total value of $54,021.00. Following the transaction, the chief executive officer now owns 26,056 shares in the company, valued at approximately $426,536.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 6,656 shares of company stock worth $105,093 in the last 90 days. Company insiders own 38.80% of the company’s stock.
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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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