A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, August 29th. Analysts expect the company to announce earnings of $1.44 per share for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.
A-Mark Precious Metals Stock Down 2.5 %
A-Mark Precious Metals stock traded down $0.92 during midday trading on Thursday, reaching $36.21. The company's stock had a trading volume of 497,394 shares, compared to its average volume of 359,205. The stock's 50-day simple moving average is $35.01 and its 200-day simple moving average is $33.80. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.76 and a quick ratio of 0.34. A-Mark Precious Metals has a 52-week low of $23.14 and a 52-week high of $42.48. The stock has a market capitalization of $827.58 million, a P/E ratio of 11.11 and a beta of -0.06.
A-Mark Precious Metals Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Thursday, July 18th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.21%. The ex-dividend date was Thursday, July 18th. A-Mark Precious Metals's payout ratio is 24.54%.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the company. StockNews.com lowered A-Mark Precious Metals from a "hold" rating to a "sell" rating in a research note on Tuesday, May 7th. B. Riley lowered shares of A-Mark Precious Metals from a "buy" rating to a "neutral" rating and set a $33.00 target price for the company. in a report on Wednesday, May 15th. Northland Capmk lowered A-Mark Precious Metals from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 8th. Northland Securities cut shares of A-Mark Precious Metals from an "outperform" rating to a "market perform" rating in a research note on Wednesday, May 8th. Finally, Maxim Group started coverage on shares of A-Mark Precious Metals in a report on Wednesday, May 22nd. They issued a "buy" rating and a $63.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, A-Mark Precious Metals currently has a consensus rating of "Hold" and a consensus target price of $46.67.
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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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