A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.55 EPS for the quarter, missing analysts' consensus estimates of $0.65 by ($0.10), Zacks reports. A-Mark Precious Metals had a return on equity of 9.39% and a net margin of 0.46%.
A-Mark Precious Metals Stock Up 1.7 %
NASDAQ:AMRK traded up $0.49 during trading hours on Monday, reaching $29.07. The company's stock had a trading volume of 337,732 shares, compared to its average volume of 252,855. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.66 and a quick ratio of 0.37. The company has a market cap of $673.96 million, a price-to-earnings ratio of 14.18 and a beta of -0.02. A-Mark Precious Metals has a one year low of $24.22 and a one year high of $47.39. The business's 50-day moving average is $27.66 and its 200-day moving average is $34.44.
A-Mark Precious Metals Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 28th. Investors of record on Tuesday, January 14th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.75%. The ex-dividend date was Tuesday, January 14th. A-Mark Precious Metals's payout ratio is presently 39.02%.
Analysts Set New Price Targets
AMRK has been the subject of several research reports. Northland Securities lowered their price objective on shares of A-Mark Precious Metals from $40.00 to $36.00 and set a "market perform" rating on the stock in a research report on Friday. DA Davidson decreased their target price on shares of A-Mark Precious Metals from $43.00 to $35.00 and set a "buy" rating for the company in a research note on Friday. Finally, StockNews.com raised shares of A-Mark Precious Metals from a "sell" rating to a "hold" rating in a research note on Thursday, December 19th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $41.75.
Get Our Latest Stock Analysis on AMRK
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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