(NASDAQ:AMRK) shares saw heavy trading volume with 13K shares changing hands by the end of trading on Friday. Overall, volume was up 91.48% over the stocks normal daily volume.
A-Mark Precious Metals, Inc. (NASDAQ:AMRK) has been the object of insider selling activity recently. Gregory N. Roberts, CEO sold $20,280 worth of shares at an average price of $15.60 on June 22nd. That brings Roberts’s holdings to $576,514 as reported to the SEC. Gregory N. Roberts, CEO disclosed the sale of 2,000 shares of AMRK stock. The shares sold for $15.78. Roberts now owns $603,680 of the stock according to the SEC filing.
Here are a few other firms who have also updated their positions. Dimensional Fund Advisors Lp bolstered its holdings by buying 2,694 shares an increase of 1.0% in the quarter. Dimensional Fund Advisors Lp controls 269,694 shares valued at $4,434,000. The value of the position overall is down by 2.8%. As of the end of the quarter Cove Street Capital, LLC had bought a total of 2,390 shares growing its holdings by 3.9%. The value of the total investment in A-Mark Precious Metals, Inc. went from $1,059,000 to $1,055,000 a change of 0.4% since the last quarter.
Renaissance Technologies LLC downsized its stake by selling 15,200 shares a decrease of 47.8% from 03/31/2017 to 06/30/2017. Renaissance Technologies LLC now controls 16,600 shares worth $272,000. The total value of its holdings decreased 49.9%. Wells Fargo & Company/mn added to its investment by buying 1,000 shares an increase of 100,000.0% as of 06/30/2017. Wells Fargo & Company/mn now holds 1,001 shares with a value of $16,000. The total value of its holdings increased inf%.
In the market the company is trading down by -0.85 percent from yesterday’s close. A-Mark Precious Metals, Inc. also declared a dividend that was paid on Thursday the 25th of May 2017. The dividend was $0.080 per share for the quarter or $0.32 annualized. This dividend represents a yeild of $1.91 which is the dividend as a percentage of the current share price. The ex-dividend date was Thursday the 11th of May 2017.
Shares of the company are trading at $16.36 which is quite a bit above the 50 day moving average which is $15.58 and which is just a bit below the 200 day moving average of $17.18. The 50 day moving average was up $0.78 and the 200 day average moved down $-0.82.
The most current P/E ratio is 16.85 and the market cap of the company is 115.03M. As of the latest earnings report the EPS was $0.97 and is expected to be $1.14 for the current year with 7,031,000 shares outstanding. Next quarter’s EPS is estimated at $0.31 with next year’s EPS projected to be $1.33.
A-Mark Precious Metals, Inc., launched on December 19, 2013, is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers secure storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies. It operates through various business units for accounting purposes, including Industrial, Coin and Bar, Trading, Finance, Collateral Finance Corporation (CFC), Transcontinental Depository Services (TDS) and Logistics. It is a distributor of gold and silver coins for all of the sovereign mints and various private mints. The sovereign mints include the United States Mint, the Australian (Perth) Mint, the Austrian Mint, the Royal Canadian Mint, the China Mint, Banco de Mexico, the South African Mint (Rand Refinery) and the Royal Mint (the United Kingdom)..