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

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

Remark Stock Performance

MARK stock opened at $0.13 on Tuesday. The company’s fifty day moving average price is $0.15 and its 200-day moving average price is $0.32. Remark has a one year low of $0.10 and a one year high of $1.49. The company has a market capitalization of $6.48 million, a PE ratio of -0.09 and a beta of 2.63.

Remark (NASDAQ:MARK) last announced its quarterly earnings results on Monday, May 20th. The information services provider reported ($0.40) EPS for the quarter. The business had revenue of $0.39 million for the quarter.

Institutional Trading of Remark

A hedge fund recently raised its stake in Remark stock. Cutter & CO Brokerage Inc. grew its holdings in Remark Holdings, Inc. (NASDAQ:MARK) by 94.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. 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 approximately 11.00% of Remark worth $984,000 as of its most recent filing with the Securities & Exchange Commission. 8.50% of the stock is 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.