A share price of A-Mark Precious Metals Inc [AMRK] is currently trading at $30.69, up 2.13%. An important factor to consider is whether the stock is rising or falling in short-term value. The AMRK shares have gain 6.75% over the last week, with a monthly amount glided 20.40%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 11, March 2024, A-Mark Precious Metals Direct-to-Consumer Subsidiary JM Bullion Acquires Gold.com Website Domain. In a post published today on Yahoo Finance, JM Bullion, Inc. (JMB), a leading e-commerce retailer of precious metals and wholly-owned subsidiary of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), has acquired the gold.com domain. With this acquisition, JMB now owns both gold.com and silver.com, two of the most recognizable domains in the precious metals industry.
From an analyst’s perspective:
A-Mark Precious Metals Inc [NASDAQ: AMRK] stock has seen the most recent analyst activity on December 16, 2022, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $50. Previously, Northland Capital started tracking the stock with Outperform rating on April 19, 2022, and set its price target to $105. On March 19, 2021, DA Davidson initiated with a Buy rating and assigned a price target of $55 on the stock. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $30 on August 24, 2020. B. Riley FBR Inc. reiterated its recommendation of a Neutral and reduced its price target to $17.50 on November 15, 2017. Singular Research reiterated a Buy rating for this stock on March 10, 2017, and upped its price target to $24.30. In a note dated December 28, 2015, Singular Research initiated an Buy rating and provided a target price of $23 on this stock.
A-Mark Precious Metals Inc experienced fluctuations in its stock price throughout the past year between $23.14 and $40.95. Currently, Wall Street analysts expect the stock to reach $54.25 within the next 12 months. A-Mark Precious Metals Inc [NASDAQ: AMRK] shares were valued at $30.69 at the most recent close of the market. An investor can expect a potential return of 76.77% based on the average AMRK price forecast.
Analyzing the AMRK fundamentals
Trailing Twelve Months sales for A-Mark Precious Metals Inc [NASDAQ:AMRK] were 10.11B which represents 10.26% growth. Gross Profit Margin for this corporation currently stands at 0.02% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.19 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.98 points at the first support level, and at 29.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.23, and for the 2nd resistance point, it is at 31.76.
A-Mark Precious Metals Inc [AMRK] reported earnings per share of $0.57 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.79/share, meaning a difference of -$0.22 and a surprise factor of -27.80%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.77 per share as compared to estimates of $1.06 per share, a difference of -$0.29 representing a surprise of -27.40%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for A-Mark Precious Metals Inc [NASDAQ:AMRK] is 1.86. On the other hand, the Quick Ratio is 0.32, and the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.07, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 6.81.
Transactions by insiders
Recent insider trading involved ROBERTS GREGORY N, Chief Executive Officer, that happened on Mar 01 ’24 when 3904.0 shares were sold. Chief Executive Officer, ROBERTS GREGORY N completed a deal on Feb 29 ’24 to sell 8696.0 shares. Meanwhile, Chief Executive Officer ROBERTS GREGORY N sold 16000.0 shares on Feb 28 ’24.
