Remark (NASDAQ:MARK) Now Covered by StockNews.com

Research analysts at StockNews.com began coverage on shares of Remark (NASDAQ:MARK) in a research note issued on Thursday. The firm set a “sell” rating on the information services provider’s stock.

Remark Trading Down 5.0 %

Shares of NASDAQ MARK opened at $0.12 on Thursday. Remark has a 12-month low of $0.08 and a 12-month high of $1.49. The company has a market cap of $5.74 million, a price-to-earnings ratio of -0.07 and a beta of 2.72. The stock’s 50 day simple moving average is $0.10 and its 200 day simple moving average is $0.12.

Remark (NASDAQ:MARK) last posted its earnings results on Monday, August 19th. The information services provider reported ($0.12) EPS for the quarter. The business had revenue of $3.70 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Remark stock. Cutter & CO Brokerage Inc. raised its stake in shares of Remark Holdings, Inc. (NASDAQ:MARK) by 94.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,687,572 shares of the information services provider’s stock after buying an additional 2,275,675 shares during the period. Cutter & CO Brokerage Inc. owned approximately 11.00% of Remark worth $984,000 as of its most recent SEC filing. 8.50% of the stock is currently owned by institutional investors and hedge funds.

Remark Company Profile

Remark Holdings, Inc provides AI-powered analytics, computer vision, and smart agent solutions. The company operates a data and AI software platform that offers AI-based computer vision products, computing devices, and software-as-a-service solutions; and Smart Safety Platform, a software solution that uses computer vision to detect persons, objects, and behavior in video feeds, as well as provides Remark AI Thermal kits and rPads products and services.