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

Analysts at StockNews.com began coverage on shares of Remark (NASDAQ:MARK) in a research note issued on Monday. The brokerage set a “sell” rating on the information services provider’s stock.

Remark Stock Up 2.1 %

Shares of MARK stock opened at $0.10 on Monday. The company has a market cap of $4.92 million, a P/E ratio of -0.06 and a beta of 2.71. The business has a 50 day moving average of $0.10 and a two-hundred day moving average of $0.14. Remark has a 52 week low of $0.08 and a 52 week high of $1.49.

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

Institutional Trading of Remark

A hedge fund recently raised its stake in Remark stock. Cutter & CO Brokerage Inc. grew its position in Remark Holdings, Inc. (NASDAQ:MARK) by 94.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,687,572 shares of the information services provider’s stock after purchasing an additional 2,275,675 shares during the period. Cutter & CO Brokerage Inc. owned approximately 11.00% of Remark worth $984,000 as of its most recent SEC filing. 8.50% of the stock is currently owned by institutional investors and hedge funds.

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.