Remark (NASDAQ:MARK – Get Free Report) last issued its quarterly earnings results on Monday, August 14th. The information services provider reported ($0.42) earnings per share (EPS) for the quarter. The firm had revenue of $3.17 million during the quarter.
Remark Stock Performance
Shares of MARK stock opened at $0.58 on Thursday. Remark has a twelve month low of $0.39 and a twelve month high of $3.10. The stock’s fifty day simple moving average is $0.50 and its 200 day simple moving average is $0.82.
Wall Street Analysts Forecast Growth
Institutional Investors Weigh In On Remark
A number of hedge funds and other institutional investors have recently bought and sold shares of MARK. UBS Group AG grew its position in Remark by 292.8% during the 1st 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 during the last quarter. State Street Corp lifted its holdings in Remark by 33.4% during the 1st quarter. State Street Corp now owns 344,880 shares of the information services provider’s stock worth $282,000 after buying an additional 86,348 shares during the period. Bank of America Corp DE acquired a new position in Remark during the 1st quarter worth about $35,000. Finally, Vanguard Group Inc. lifted its holdings in Remark by 7.8% during the 3rd quarter. Vanguard Group Inc. now owns 3,302,333 shares of the information services provider’s stock worth $878,000 after buying an additional 238,328 shares during the period. Institutional investors own 8.44% of the company’s stock.
Remark Company Profile
Remark Holdings, Inc primarily focuses on the development and deployment of artificial intelligence-based solutions for businesses and software developers. It 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 rPad products and services.
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