Latest Stocks: Remark Holdings, Inc. (MARK) Issues Quarterly Earnings Results

Latest Stocks: Remark Holdings, Inc. (MARK) Issues Quarterly  Earnings Results

Remark Holdings, Inc. (NASDAQ:MARK) announced its quarterly earnings results on Monday, May 15th. The information services provider reported ($0.39) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.39), MarketWatch Earnings reports. Remark Holdings had a negative return on equity of 382.80% and a negative net margin of 66.15%. The firm had revenue of $15.30 million for the quarter, compared to analyst estimates of $16.07 million.

Remark Holdings (NASDAQ:MARK) opened at 2.72 on Tuesday. Remark Holdings has a 52 week low of $2.65 and a 52 week high of $4.80. The firm has a 50-day moving average price of $3.01 and a 200 day moving average price of $3.26. The firm’s market capitalization is $61.62 million.

A number of equities analysts recently commented on MARK shares. Zacks Investment Research lowered Remark Holdings from a “hold” rating to a “sell” rating in a research note on Friday, April 14th. Roth Capital set a $8.00 price objective on Remark Holdings and gave the stock a “buy” rating in a research note on Saturday, May 13th.

Remark Holdings Company Profile

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