Remark (NASDAQ:MARK – Get Free Report) will be issuing its quarterly earnings data after the market closes on Monday, November 20th. Parties that are interested in participating in the company’s conference call can do so using this link.
Remark Price Performance
MARK stock opened at $0.55 on Friday. Remark has a fifty-two week low of $0.39 and a fifty-two week high of $2.96. The business’s 50-day moving average is $0.50 and its two-hundred day moving average is $0.82.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on Remark in a report on Sunday, November 12th. They issued a “sell” rating on the stock.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of MARK. UBS Group AG increased its position in Remark by 292.8% in the first quarter. UBS Group AG now owns 29,460 shares of the information services provider’s stock worth $25,000 after buying an additional 21,960 shares in the last quarter. State Street Corp increased its position in Remark by 33.4% in the first quarter. State Street Corp now owns 344,880 shares of the information services provider’s stock worth $282,000 after buying an additional 86,348 shares in the last quarter. Bank of America Corp DE purchased a new stake in Remark in the first quarter worth about $35,000. Finally, Vanguard Group Inc. increased its position 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 worth $878,000 after buying an additional 238,328 shares in the last quarter. Institutional investors own 8.44% of the company’s stock.
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.
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