Gold.com Inc. (NYSE:GOLD) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Gold.com Inc. (NYSE:GOLD) have been given a consensus rating of “Moderate Buy” by the six analysts that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $59.75.

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

Gold.com Stock Up 1.2%

GOLD stock opened at $46.22 on Friday. Gold.com has a twelve month low of $22.00 and a twelve month high of $66.70. The company has a quick ratio of 0.29, a current ratio of 1.18 and a debt-to-equity ratio of 0.11. The stock’s 50 day moving average is $41.99 and its 200-day moving average is $45.39. The firm has a market capitalization of $1.34 billion, a PE ratio of 15.83 and a beta of 0.54.

Institutional Trading of Gold.com

Institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP bought a new stake in Gold.com during the fourth quarter worth $40,273,000. Charles Schwab Investment Management Inc. bought a new position in Gold.com in the 4th quarter valued at $32,408,000. Jacobs Levy Equity Management Inc. bought a new position in Gold.com in the 4th quarter valued at $17,971,000. Geode Capital Management LLC purchased a new stake in shares of Gold.com during the 4th quarter valued at $15,790,000. Finally, State Street Corp purchased a new stake in shares of Gold.com during the 4th quarter valued at $15,019,000. 62.85% of the stock is owned by hedge funds and other institutional investors.

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.