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TheStreet downgraded A-Mark Precious Metals Inc (NASDAQ:AMRK) to Sell in a report released today.

Displaying a price of $17.02, A-Mark Precious Metals Inc (NASDAQ:AMRK) traded 2.92% lower on the day. The last stock close is down 9.60% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. AMRK has logged a 50-day average of $17.06 and 200-day average of $18.02. Trade volume was was up over the average, with 26,397 shares of AMRK changing hands over the typical 21,062 shares.

TheStreet has downgraded A-Mark Precious Metals Inc(NASDAQ:AMRK) to Sell in a statement released 8/17/2016.

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A-Mark Precious Metals Inc (NASDAQ:AMRK)

A total of 2 equity analysts have issued a report on the stock. One analyst rate the stock a strong buy, 0 rate the company a buy, one firm rate the company a hold, 0 rate the stock to underperform, and lastly 0 firmsrate the company as sell with a 12-month target price of $20.88

A-Mark Precious Metals Inc has a PE of 11 with a 52 week low of $11.13 and a 52 week high of $22.07. A-Mark Precious Metals Inc’s market capitalization is currently $0.0.

Brief Synopsis About A-Mark Precious Metals Inc (NASDAQ:AMRK)

A-Mark Precious Metals, Inc. is a precious metals trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. The Company also 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 Repo accounts, and trade quotes in a range of foreign currencies. The Company’s business units include industrial, coin and bar, trading, finance, Collateral Finance Corporation (CFC), Transcontinental Depository Services, LLC (TDS) and A-Mark Global Logistics, LLC (Logistics). Its customers include mints, manufacturers and fabricators, refiners, coin and bullion dealers, e-commerce retailers, banks and other financial institutions, investors and collectors, and among others.

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