Remark (NASDAQ:MARK) Research Coverage Started at StockNews.com

Analysts at StockNews.com started coverage on shares of Remark (NASDAQ:MARK) in a note issued to investors on Sunday. The firm set a “sell” rating on the information services provider’s stock.

Remark Trading Up 7.9 %

Shares of MARK stock opened at $0.09 on Friday. Remark has a twelve month low of $0.08 and a twelve month high of $1.49. The company has a market capitalization of $4.69 million, a PE ratio of -0.06 and a beta of 2.71. The firm has a fifty day simple moving average of $0.10 and a 200-day simple moving average of $0.15.

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

Institutional Investors Weigh In On Remark

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