Remark Holdings, Inc. (MARK), a Internet Content & Information organization, was a market gainer in the prior trading session. Remark Holdings, Inc. (MARK) shares opened the day for trading at $1.0200 and closed the day at $1.0400 with momentum of +12.23%. The increase change in Remark Holdings, Inc. (MARK) beat the change in the DOW for the day which gained +1.91% in prior trading session.
Remark Holdings, Inc. (MARK) is focused on the Internet Content & Information sector. This stock market sector has seen some movement from traders in recent months. Bullish traders of Remark Holdings, Inc. (MARK) will be looking for positive upcoming earnings whereas bearish traders of Remark Holdings, Inc. (MARK) will be looking for negative earnings. The last time Remark Holdings, Inc. (MARK) had an earnings surprise was on Qtr Ending 12/19 when they reported N/A compared to an estimate of N/A . Current earnings estimates are to be released for Current Qtr 03/2020 on Remark Holdings, Inc. (MARK) and out of 1 Wall Street estimates the average is saying -$0.10. The high estimate is saying -$0.10 whereas the low estimate is saying -$0.10 and the prior year Remark Holdings, Inc. (MARK) announced earnings at -$0.23 a growth rate est. (year over year) of +56.52%.
The market performance of Remark Holdings, Inc. (MARK) has varied recently. Year to date Remark Holdings, Inc. (MARK)’s shares are up 101.94%. Over the past 12 weeks Remark Holdings, Inc. (MARK) is up 63.34% and over the last 4 weeks Remark Holdings, Inc. (MARK) is up 163.29%. Remark Holdings, Inc. (MARK) current income statement shows revenue (ttm) of $76.4M. Gross Profit is $54.48M. This puts the current EBITDA of Remark Holdings, Inc. (MARK) at $-13.38M.
Wall street traders might also notice recent changes to stock analyst estimates for Remark Holdings, Inc. (MARK). The stock is trading with an RSI (relative strength index) of 68.94 indicating Remark Holdings, Inc. (MARK) is neither overbought nor oversold. Technically, MARK’s short term support levels are around $1367.66, $1334.96 and $1286.57 on the downside. MARKs short term resistance levels are $1526.69, $1493.59 and $1432.99 on the upside. The market cap of Remark Holdings, Inc. (MARK) is $59.738M and institutions hold 14.19% of the stock. The outstanding share count stands at 49.04M while the short float (shares short) stands at 17.14%.
Stock market research indicates that these estimate changes look to be directly correlated with short-term shares prices. The traders can look to capitalize on the basis of ranking. Based on technical analysis, MARK has short term rating of Neutral (0.15), Intermediate rating of Neutral (0.21) and the long-term rating of Neutral (0.06) giving it an overall rating of Neutral (0.14).
The EPS growth this year on Remark Holdings, Inc. (MARK) is increased 82.40% and is expected to increase – next year. However, quarterly earnings (EPS) growth year over year on Remark Holdings, Inc. (MARK) has decreased by -37.00% and quarterly revenue (Sales) growth year over year stands at -61.10%. Gross margin is detected at 50.50% that represents the percent of total sales revenue that the company retains after direct cost of goods sold. Net profit margin (ttm) is -87.50% while return on equity (ttm) is 135.90%.
2020-03-04 – Remark Holdings Enters Into Common Stock Purchase Agreement With Aspire Capital Fund.
2019-11-12 – Remark Holdings Reports Third Quarter 2019 Results.
2019-11-12 – Remark Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019.
2019-11-01 – Remark Holdings, Inc., Q3 2019 Earnings Call, Nov 12, 2019.
2019-09-23 – Remark Holdings, Inc.(NasdaqCM:MARK) dropped from S&P Global BMI Index.
Remark Holdings Inc. primarily focuses on the development and deployment of artificial-intelligence-based solutions for businesses and software developers. Additionally, the company owns and operates digital media properties which deliver relevant, dynamic content.