Remark (MARK) Set to Announce Quarterly Earnings on Monday

Remark (NASDAQ:MARK – Get Free Report) will be issuing its quarterly earnings data after the market closes on Monday, August 14th. Parties that wish to register for the company’s conference call can do so using this link.

Remark (NASDAQ:MARK – Get Free Report) last announced its earnings results on Monday, May 22nd. The information services provider reported ($0.63) earnings per share for the quarter. The firm had revenue of $0.83 million for the quarter.

Get Remark alerts:

Remark Stock Performance

Shares of MARK opened at $0.85 on Friday. Remark has a fifty-two week low of $0.82 and a fifty-two week high of $6.10. The firm has a 50-day simple moving average of $1.03 and a 200-day simple moving average of $1.21.

Institutional Investors Weigh In On Remark

A number of hedge funds have recently added to or reduced their stakes in the company. UBS Group AG increased its holdings in Remark by 292.8% in the first quarter. UBS Group AG now owns 29,460 shares of the information services provider’s stock valued at $25,000 after buying an additional 21,960 shares in the last quarter. Bank of America Corp DE purchased a new position in Remark in the first quarter valued at about $35,000. State Street Corp increased its holdings in Remark by 33.4% in the first quarter. State Street Corp now owns 344,880 shares of the information services provider’s stock valued at $282,000 after buying an additional 86,348 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in Remark by 7.8% in the third quarter. Vanguard Group Inc. now owns 3,302,333 shares of the information services provider’s stock valued at $878,000 after buying an additional 238,328 shares in the last quarter. Institutional investors and hedge funds own 14.71% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Remark from a “hold” rating to a “sell” rating in a research report on Saturday, June 3rd.

View Our Latest Stock Analysis on Remark

Remark Company Profile

(Get Free Report)

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 that offers AI-based computer vision products, computing devices, and software-as-a-service solutions; and Smart Safety Platform, a software solution that uses computer vision to detect persons, objects, and behavior in video feeds, as well as provides Remark AI Thermal kits and rPad products and services.

Read More

• Five stocks we like better than Remark
• How to Invest in Tech Stocks and Top Tech Stocks to Consider
• Investing in Coffee: 3 Great Strategies to Consider
• Most Volatile Stocks, What Investors Need to Know
• 5 Best Stocks to Buy in a Bear Market
• What is Put Option Volume?
• 3 Pharmaceutical Stocks to Buy and Hold for the Long Haul

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.