A-Mark Precious Metals (AMRK) Getting Somewhat Positive Media Coverage, Analysis Shows
Headlines about A-Mark Precious Metals (NASDAQ:AMRK) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. A-Mark Precious Metals earned a news impact score of 0.07 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.0638873661506 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, B. Riley reaffirmed a “neutral” rating and set a $19.00 target price on shares of A-Mark Precious Metals in a research note on Wednesday, September 13th.
Shares of A-Mark Precious Metals (NASDAQ AMRK) traded down 1.40% during mid-day trading on Thursday, reaching $16.25. The company’s stock had a trading volume of 12,413 shares. The firm has a market capitalization of $114.25 million, a P/E ratio of 16.25 and a beta of 0.09. A-Mark Precious Metals has a 12 month low of $14.75 and a 12 month high of $21.66. The company has a 50 day moving average of $16.94 and a 200-day moving average of $16.51.
A-Mark Precious Metals (NASDAQ:AMRK) last announced its earnings results on Tuesday, September 12th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.10). The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.81 billion. A-Mark Precious Metals had a return on equity of 9.95% and a net margin of 0.10%. Equities research analysts forecast that A-Mark Precious Metals will post $1.25 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 27th. Shareholders of record on Monday, September 18th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.97%. The ex-dividend date was Friday, September 15th. A-Mark Precious Metals’s dividend payout ratio is 32.32%.
In other A-Mark Precious Metals news, CEO Gregory N. Roberts sold 3,300 shares of the company’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $16.54, for a total transaction of $54,582.00. Following the transaction, the chief executive officer now owns 29,356 shares of the company’s stock, valued at approximately $485,548.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 10,900 shares of company stock worth $181,644. Company insiders own 38.80% of the company’s stock.
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About A-Mark Precious Metals
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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