Remark - MARK Stock Forecast, Price & News

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 under the Remark AI name in the United States and the KanKan AI name in the Asia Pacific region that offers AI-based computer vision products, computing devices, and software-as-a-service solutions for the retail, urban life cycle, workplace and food safety, railway safety, and biosafety industries. The company also provides Thermal kits, which includes a thermal imaging camera, calibrating device, computer to monitor the video feed, supporting equipment, and AI software to scan crowds and areas of high foot traffic for indications that certain persons with elevated temperatures may require secondary screening; and rPad thermal imaging devices, a single-post stand to scan individuals on a one-by-one basis for authorized entry. In addition, it owns and operates Sharecare, a web-based platform that facilitates search for health and wellness information; and Bikini.com, an e-commerce website that sells swimwear and accessories in the latest styles, as well as offers advertising services. The company was formerly known as Remark Media, Inc. and changed its name to Remark Holdings, Inc. in April 2017. Remark Holdings, Inc. was incorporated in 2006 and is headquartered in Las Vegas, Nevada.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Remark in a research note on Friday. They issued a "sell" rating on the stock.

Remark Trading Up 4.0 %

NASDAQ:MARK opened at $0.47 on Friday. Remark has a 12 month low of $0.38 and a 12 month high of $6.70. The stock has a market cap of $49.22 million, a price-to-earnings ratio of 5.85 and a beta of 3.13. The company's 50 day moving average is $0.44 and its two-hundred day moving average is $0.61.

Remark (NASDAQ:MARK - Get Rating) last released its earnings results on Monday, May 16th. The information services provider reported ($0.24) EPS for the quarter. Remark had a negative return on equity of 163.16% and a net margin of 46.18%. The firm had revenue of $4.67 million for the quarter.