Remark (NASDAQ:MARK) Receives New Coverage from Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Remark (NASDAQ:MARK) in a research report issued to clients and investors on Sunday. The brokerage set a “sell” rating on the information services provider’s stock.

Remark Trading Down 6.6 %

Shares of MARK stock opened at $0.09 on Friday. Remark has a 12 month low of $0.08 and a 12 month high of $1.49. The stock has a market cap of $4.38 million, a P/E ratio of -0.05 and a beta of 2.71. The company has a 50 day simple moving average of $0.10 and a two-hundred day simple moving average of $0.15.

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

Institutional Trading of Remark

A hedge fund recently raised its stake in Remark stock. Cutter & CO Brokerage Inc. boosted its holdings in Remark Holdings, Inc. (NASDAQ:MARK) by 94.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor 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 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.

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.