A-Mark Precious Metals Inc (NASDAQ: AMRK). Extremely significant positive changes in investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
AMRK is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
A-Mark Precious Metals has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. A-Mark Precious Metals has a very high Appreciation Score of 92 but a neutral Power Rating of 42, leading to the Positive Value Trend Rating.
Recent Price Action
On 4/11/24, A-Mark Precious Metals Inc (NASDAQ: AMRK) stock rose modestly by 0.7%, closing at $40.05. Moreover, this advance was accompanied by exceptionally high trading volume at 262% of normal. The stock has risen 26.5% during the last week but has been weak relative to the market over the last nine months.
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