52K shares changed hands in the last trading session. Shares saw a steep increase in trading volume of 646.74% over the normal average daily volume.
Investors are more bearish on A-Mark Precious Metals, Inc. if you take into consideration the change in short interest. The company had a rise in short interest between July 31, 2017 and August 15, 2017 of 20.10%. Short interest grew 5,434 over that timeframe. The days to cover decreased to 2.0 and the short interest percentage is 0.00% as of August 15.
There has been some selling insider activity on A-Mark Precious Metals, Inc. (NASDAQ:AMRK) recently. CEO Gregory N. Roberts let go of 3,300 shares at a price of $17.12 on August 17th. That brings Roberts’s holdings to $519,695 per an SEC filing yesterday. Gregory N. Roberts, CEO sold $20,280 worth of shares at an average price of $15.60 on Thu the 22nd. Roberts now owns $576,514 of stock as reported to the SEC.
Here are a few substantial investment firms who have updated their positions. William Blair Investment Management, LLC bolstered its investment by buying 18,585 shares an increase of 10.5% in the quarter. William Blair Investment Management, LLC owns 196,332 shares with a value of $3,217,000. The value of the position overall is up by 6.0%. Ubs Group Ag grew its ownership by buying 1,918 shares an increase of 559.2%. Ubs Group Ag controls 2,261 shares worth $37,000. The total value of its holdings increased 516.7%.
Cove Street Capital, LLC augmented its holdings by buying 2,390 shares an increase of 3.9% as of 06/30/2017. Cove Street Capital, LLC now controls 64,390 shares valued at $1,055,000. The value of the position overall is down by 0.4%. Tower Research Capital LLC (trc) expanded its stake by buying 782 shares an increase of 64.3% from 03/31/2017 to 06/30/2017. Tower Research Capital LLC (trc) currently owns 1,999 shares valued at $33,000. The value of the position overall is up by 57.1%.
The company is down since yesterday’s close of 18.82. The company declared a dividend that will be paid on Wednesday September 27th, 2017. The dividend will be $0.080 per share for the quarter which is $0.32 annualized. The dividend yield will be $1.79. The ex-dividend date will be Thursday the 11th of May 2017.
Company shares last traded at $16.81 which is a tad above $16.74, the stock’s 50 day moving average and a tad higher than the 200 day moving average of $16.78. The 50 day moving average was up by +0.39% and the 200 day average moved up $0.03.
The company’s P/E ratio is 17.31 and market cap is 118.19M. As of the last earnings report the EPS was $0.97 and is expected to be $1.33 for the current year with 7,031,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $0.39 and the next full year EPS is 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)..