Remark (MARK) to Release Earnings on Monday

Remark (NASDAQ:MARK – Get Rating) is scheduled to be announcing its earnings results after the market closes on Monday, May 22nd. Investors interested in participating in the company’s conference call can do so using this link.

Remark Stock Performance

Shares of MARK opened at $1.15 on Friday. Remark has a 52 week low of $0.87 and a 52 week high of $6.10. The firm has a market capitalization of $15.68 million, a price-to-earnings ratio of -0.14 and a beta of 2.84. The business’s fifty day moving average price is $1.15 and its two-hundred day moving average price is $1.03.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Remark in a research report on Thursday. They issued a “sell” rating on the stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Remark by 7.8% in the 3rd quarter. Vanguard Group Inc. now owns 3,302,333 shares of the information services provider’s stock worth $878,000 after purchasing an additional 238,328 shares during the last quarter. State Street Corp boosted its position in shares of Remark by 33.4% in the 1st quarter. State Street Corp now owns 344,880 shares of the information services provider’s stock worth $282,000 after purchasing an additional 86,348 shares during the last quarter. Bank of America Corp DE bought a new position in shares of Remark in the 1st quarter worth $35,000. Finally, UBS Group AG lifted its holdings in Remark by 292.8% during the first quarter. UBS Group AG now owns 29,460 shares of the information services provider’s stock worth $25,000 after acquiring an additional 21,960 shares in the last quarter. 9.80% of the stock is currently owned by institutional investors.

About Remark

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Remark Holdings, Inc is a technology-focused company that develops and deploys artificial intelligence (AI) products and AI-based solutions for businesses in various industries. It operates through its Technology and Data Intelligence segment, which provides products and services based on collected and processed data by using KanKan, a data intelligence platform that offers AI-based vision products, computing devices, and software-as-a-service products for the financial, retail, entertainment, education, and workplace and public safety industries.