A-Mark Precious Metals, Inc. (NASDAQ:AMRK) CEO Gregory N. Roberts sold 6,000 shares of the company’s stock in a transaction dated Monday, September 20th. The shares were sold at an average price of $56.00, for a total transaction of $336,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of NASDAQ AMRK traded up $1.16 during trading hours on Tuesday, hitting $57.34. The company’s stock had a trading volume of 3,340 shares, compared to its average volume of 119,795. A-Mark Precious Metals, Inc. has a 12 month low of $25.08 and a 12 month high of $61.35. The stock has a market cap of $647.43 million, a price-to-earnings ratio of 3.23 and a beta of -0.43. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.55 and a current ratio of 1.36. The business has a 50-day simple moving average of $49.97 and a 200-day simple moving average of $45.39.
A-Mark Precious Metals (NASDAQ:AMRK) last released its quarterly earnings data on Wednesday, September 8th. The company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $2.20 by $2.08. A-Mark Precious Metals had a return on equity of 69.81% and a net margin of 2.10%. During the same period in the previous year, the company posted $2.49 earnings per share. On average, equities research analysts forecast that A-Mark Precious Metals, Inc. will post 6.05 EPS for the current year.
Large investors have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC purchased a new position in A-Mark Precious Metals during the 1st quarter valued at $30,000. Ameritas Investment Partners Inc. boosted its stake in shares of A-Mark Precious Metals by 58.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 684 shares of the company’s stock valued at $32,000 after purchasing an additional 251 shares in the last quarter. Legal & General Group Plc increased its position in shares of A-Mark Precious Metals by 105.3% during the second quarter. Legal & General Group Plc now owns 887 shares of the company’s stock valued at $41,000 after buying an additional 455 shares during the period. Sowell Financial Services LLC bought a new position in A-Mark Precious Metals in the first quarter worth about $46,000. Finally, BNP Paribas Arbitrage SA lifted its holdings in A-Mark Precious Metals by 56.1% in the first quarter. BNP Paribas Arbitrage SA now owns 2,330 shares of the company’s stock worth $84,000 after buying an additional 837 shares during the period. Institutional investors and hedge funds own 42.71% of the company’s stock.
A-Mark Precious Metals Company Profile
A-Mark Precious Metals, Inc engages in the trading of precious metals. It operates through the following segments: Wholesale Trading and Ancillary Services; Secured Lending; and Direct Sales. The Wholesale Trading and Ancillary Services segment offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grain, ingots, and coins.
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