Gold.com Inc. (NYSE:GOLD) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Gold.com Inc. (NYSE:GOLD) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $59.75.

GOLD has been the subject of several research analyst reports. Roth Capital set a $52.00 price target on shares of Gold.com in a research note on Thursday, May 7th. Zacks Research cut shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Canaccord Genuity Group assumed coverage on Gold.com in a research note on Tuesday, June 9th. They issued a “buy” rating and a $70.00 price objective on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Finally, DA Davidson reissued a “buy” rating and issued a $60.00 target price on shares of Gold.com in a research report on Tuesday, April 28th.

Institutional Investors Weigh In On Gold.com

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. bought a new stake in shares of Gold.com in the fourth quarter valued at approximately $32,408,000. Jacobs Asset Management LLC bought a new position in Gold.com in the 4th quarter worth approximately $10,215,000. Bard Associates Inc. bought a new position in Gold.com in the 4th quarter worth approximately $3,078,000. Gamco Investors INC. ET AL purchased a new position in Gold.com in the 4th quarter valued at approximately $1,083,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Gold.com in the 1st quarter valued at approximately $2,618,000. 62.85% of the stock is currently owned by institutional investors.

Gold.com Stock Performance

Shares of GOLD stock opened at $46.22 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.29 and a current ratio of 1.18. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 15.83 and a beta of 0.54. Gold.com has a 52 week low of $22.00 and a 52 week high of $66.70. The firm’s 50-day simple moving average is $41.99 and its two-hundred day simple moving average is $45.39.

About Gold.com

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.