StockNews.com Begins Coverage on Remark (NASDAQ:MARK)

StockNews.com began coverage on shares of Remark (NASDAQ:MARK) in a research report sent to investors on Friday morning. The firm issued a sell rating on the information services provider’s stock.

Remark Stock Performance

Shares of NASDAQ MARK opened at $0.12 on Friday. The firm has a fifty day moving average of $0.13 and a 200 day moving average of $0.27. The firm has a market cap of $5.98 million, a PE ratio of -0.08 and a beta of 2.72. Remark has a one year low of $0.10 and a one year high of $1.49.

Remark (NASDAQ:MARK) last released its earnings results on Monday, May 20th. The information services provider reported ($0.40) EPS 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 position in Remark Holdings, Inc. (NASDAQ:MARK) by 44.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 97,745 shares of the information services provider’s stock after purchasing an additional 30,000 shares during the period. Cannell & Co. owned 0.47% of Remark worth $48,000 at the end of the most recent quarter. 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.