Remark (NASDAQ:MARK) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Remark Holdings, Inc. (NASDAQ:MARKGet Free Report)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.11 and traded as low as $0.09. Remark shares last traded at $0.09, with a volume of 282,339 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Remark in a research note on Friday. They issued a “sell” rating on the stock.

Check Out Our Latest Stock Analysis on MARK

Remark Price Performance

The stock has a 50-day moving average price of $0.11 and a 200-day moving average price of $0.11. The company has a market capitalization of $5.74 million, a P/E ratio of -0.07 and a beta of 2.73.

About Remark

(Get Free Report)

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.

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