On 11/7/24, A-Mark Precious Metals Inc (NASDAQ: AMRK) stock suffered a major decline of -16.1%, closing at $31.59. Moreover, exceptionally high trading volume at 405% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -19.2% during the last week.
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 A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. A-Mark Precious Metals has a good Appreciation Score of 74 and a good Power Rating of 80, and the Highest Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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