A-Mark Precious Metals, Inc. (NASDAQ:AMRK - Get Free Report) announced a quarterly dividend on Friday, January 3rd,RTT News reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.20 per share on Tuesday, January 28th. This represents a $0.80 annualized dividend and a yield of 2.83%.
A-Mark Precious Metals has a dividend payout ratio of 20.3% indicating that its dividend is sufficiently covered by earnings.
A-Mark Precious Metals Price Performance
AMRK traded up $0.44 on Friday, hitting $28.22. 151,366 shares of the company's stock were exchanged, compared to its average volume of 214,283. A-Mark Precious Metals has a fifty-two week low of $24.22 and a fifty-two week high of $47.39. The company has a current ratio of 1.66, a quick ratio of 0.37 and a debt-to-equity ratio of 0.51. The stock has a market cap of $654.25 million, a price-to-earnings ratio of 12.01 and a beta of -0.06. The firm has a 50-day moving average price of $30.26 and a 200-day moving average price of $35.64.
Analysts Set New Price Targets
AMRK has been the subject of a number of recent research reports. DA Davidson decreased their price objective on A-Mark Precious Metals from $52.00 to $43.00 and set a "buy" rating for the company in a research report on Thursday, November 7th. StockNews.com upgraded A-Mark Precious Metals from a "sell" rating to a "hold" rating in a report on Thursday, December 19th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $46.33.
Get Our Latest Analysis on A-Mark Precious Metals
About A-Mark Precious Metals
(
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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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