TheStreet lowered shares of A-Mark Precious Metals (NASDAQ:AMRK) from a c rating to a d+ rating in a research note released on Monday.

Several other analysts also recently weighed in on the company. Zacks Investment Research downgraded A-Mark Precious Metals from a hold rating to a sell rating in a report on Friday, September 21st. B. Riley reissued a neutral rating and issued a $16.50 target price (up from $16.00) on shares of A-Mark Precious Metals in a report on Monday, September 17th. Finally, ValuEngine raised A-Mark Precious Metals from a sell rating to a hold rating in a report on Tuesday, July 31st. One analyst has rated the stock with a sell rating and three have given a hold rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of $15.67.

Shares of NASDAQ AMRK opened at $12.77 on Monday. The stock has a market cap of $90.21 million, a price-to-earnings ratio of -212.83 and a beta of 0.04. The company has a quick ratio of 0.64, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. A-Mark Precious Metals has a 1 year low of $10.39 and a 1 year high of $17.23.

A-Mark Precious Metals (NASDAQ:AMRK) last posted its earnings results on Tuesday, September 18th. The company reported ($0.05) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.05. A-Mark Precious Metals had a negative return on equity of 0.62% and a negative net margin of 0.04%. The business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.65 billion. equities research analysts expect that A-Mark Precious Metals will post 0.36 EPS for the current fiscal year.

In other news, major shareholder William A. Richardson bought 20,000 shares of A-Mark Precious Metals stock in a transaction dated Wednesday, July 18th. The stock was acquired at an average cost of $12.50 per share, with a total value of $250,000.00. Following the acquisition, the insider now owns 253,790 shares of the company’s stock, valued at $3,172,375. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. 39.50% of the stock is currently owned by insiders.

Institutional investors have recently bought and sold shares of the company. Cannell Capital LLC lifted its holdings in shares of A-Mark Precious Metals by 66.7% in the 2nd quarter. Cannell Capital LLC now owns 12,500 shares of the company’s stock valued at $166,000 after purchasing an additional 5,000 shares during the last quarter. Wedbush Securities Inc. lifted its holdings in shares of A-Mark Precious Metals by 6.6% in the 2nd quarter. Wedbush Securities Inc. now owns 63,351 shares of the company’s stock valued at $841,000 after purchasing an additional 3,896 shares during the last quarter. Shufro Rose & Co. LLC lifted its holdings in shares of A-Mark Precious Metals by 3.2% in the 2nd quarter. Shufro Rose & Co. LLC now owns 245,850 shares of the company’s stock valued at $3,265,000 after purchasing an additional 7,600 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of A-Mark Precious Metals by 3.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 313,079 shares of the company’s stock valued at $3,835,000 after purchasing an additional 10,916 shares during the last quarter. 18.25% of the stock is owned by institutional investors and hedge funds.

A-Mark Precious Metals Company Profile

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company worldwide. The company offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grains, ingots, and coins, as well as distributes gold and silver coins and bars from sovereign and private mints.

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