Remark Holdings Inc (NASDAQ:MARK) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Analysts have set a 1 year consensus price objective of $4.00 for the company and are expecting that the company will post ($0.09) EPS for the current quarter, according to Zacks. Zacks has also assigned Remark an industry rank of 102 out of 255 based on the ratings given to its competitors.
MARK has been the subject of several recent analyst reports. Zacks Investment Research lowered Remark from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Roth Capital set a $5.00 target price on shares of Remark and gave the company a “buy” rating in a research note on Wednesday, September 4th. Finally, ValuEngine lowered shares of Remark from a “hold” rating to a “sell” rating in a report on Saturday, October 5th.
Shares of MARK stock traded up $0.01 during trading hours on Friday, hitting $0.59. The company had a trading volume of 416,209 shares, compared to its average volume of 300,147. Remark has a 12 month low of $0.54 and a 12 month high of $3.23. The firm’s fifty day moving average is $0.69 and its 200 day moving average is $0.87. The firm has a market capitalization of $25.37 million, a price-to-earnings ratio of -0.47 and a beta of 1.91.
Remark (NASDAQ:MARK) last posted its earnings results on Tuesday, November 12th. The information services provider reported ($0.11) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.11). The company had revenue of $0.69 million for the quarter, compared to the consensus estimate of $3.26 million. On average, research analysts expect that Remark will post -0.48 earnings per share for the current fiscal year.
Remark Holdings, Inc, technology-focused company, develops and deploys artificial intelligence (AI) products and AI-based solutions for businesses in various industries worldwide. It operates through two segments, Travel & Entertainment, and Technology & Data Intelligence. The company operates 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.
Recommended Story: What is the significance of the death cross?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Remark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Remark and related companies with MarketBeat.com's FREE daily email newsletter.