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

StockNews.com started coverage on shares of Remark (NASDAQ:MARK) in a research report released on Monday. The firm issued a sell rating on the information services provider’s stock.

Remark Stock Up 15.0 %

NASDAQ:MARK opened at $0.10 on Monday. The company has a fifty day moving average of $0.12 and a 200-day moving average of $0.23. The firm has a market capitalization of $5.23 million, a P/E ratio of -0.06 and a beta of 2.72. Remark has a twelve month low of $0.09 and a twelve month high of $1.49.

Remark (NASDAQ:MARK) last released its quarterly earnings data on Monday, May 20th. The information services provider reported ($0.40) earnings per share for the quarter. The firm had revenue of $0.39 million for the quarter.

Institutional Trading of Remark

An institutional investor recently raised its position in Remark stock. Cannell & Co. raised its holdings in shares of Remark Holdings, Inc. (NASDAQ:MARK) by 44.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,745 shares of the information services provider’s stock after purchasing an additional 30,000 shares during the quarter. Cannell & Co. owned 0.47% of Remark worth $48,000 as of its most recent SEC filing. Institutional investors own 8.50% of the company’s stock.

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.