Remark Holdings Inc. (NASDAQ: MARK) is 13.16% higher on its value in year-to-date trading and has touched a low of $0.25 and a high of $3.56 in the current 52-week trading range. The MARK stock was last observed hovering at around $2.15 in the last trading session, with the day’s gains setting it 0.04% off its average median price target of $5.25 for the next 12 months. It is also 58.29% off the consensus price target high of $5.25 offered by 1 analysts, but current levels are 58.29% higher than the price target low of $5.25 for the same period.
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Currently trading at $2.19, the stock is 16.49% and 42.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 1.86% at the moment leaves the stock 51.38% off its SMA200. MARK registered 287.81% gain for a year compared to 6-month gain of 32.72%. The firm has a 50-day simple moving average (SMA 50) of $1.7391 and a 200-day simple moving average (SMA200) of $1.4257.
The stock witnessed a 31.10% loss in the last 1 month and extending the period to 3 months gives it a 79.17%, and is 16.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.05% over the week and 9.92% over the month.
Remark Holdings Inc. (MARK) has around 80 employees, a market worth around $208.49M and $5.60M in sales. Distance from 52-week low is 776.00% and -38.48% from its 52-week high. The company has generated returns on investments over the last 12 months (179.20%).
Remark Holdings Inc. (MARK) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Remark Holdings Inc. (MARK) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Remark Holdings Inc. is expected to release its quarterly report on 05/12/2021 and quarterly earnings per share for the current quarter are estimated at -$0.03 with sales reaching $4.41M over the same period.The EPS is expected to shrink by -8.90% this year, but quarterly earnings will post 94.80% year-over-year. Quarterly sales are estimated to grow 1,596.20% in year-over-year returns.
Remark Holdings Inc. (MARK) Top Institutional Holders
60 institutions hold shares in Remark Holdings Inc. (MARK), with 8.57M shares held by insiders accounting for 8.62% while institutional investors hold 12.20% of the company’s shares. The shares outstanding are 99.45M, and float is at 90.93M with Short Float at 9.43%. Institutions hold 11.15% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 1.8 million shares valued at $2.11 million. The investor’s holdings represent 1.81% of the MARK Shares outstanding. As of Sep 29, 2020, the second largest holder is Cutter & Co. Brokerage, Inc. with 1.66 million shares valued at $1.95 million to account for 1.67% of the shares outstanding. The other top investors are SECURITY BENEFIT LIFE INSURANCE CO which holds 1.51 million shares representing 1.52% and valued at over $1.77 million, while Susquehanna International Group, LLP holds 0.86% of the shares totaling 0.85 million with a market value of $1.0 million.
Remark Holdings Inc. (MARK) Insider Activity
A total of 0 insider transactions have happened at Remark Holdings Inc. (MARK) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Remark Holdings Inc. (MARK): Who are the competitors?
The company’s main competitors (and peers) include Discovery Inc. (DISCA) that is trading 15.02% up over the past 12 months. Leaf Group Ltd. (LEAF) is 41.35% up on the 1-year trading charts. Short interest in the company’s stock has fallen -22.39% from the last report on Nov 29, 2020 to stand at a total of 9.73 million short shares sold with a short interest ratio of 1.96.