ROTH Capital lifts Remark Holdings Inc. [MARK] price estimate. Who else is bullish?

Remark Holdings Inc. [NASDAQ: MARK] slipped around -0.12 points on Monday, while shares priced at $1.80 at the close of the session, down -6.25%. The company report on June 8, 2021 that KanKan AI Installs Smart Campus System in more than 200 Elementary Schools.

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Servicing and Protecting more than 500,000 Families and Aiding ESG Efforts.

Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence (“AI”) solutions and digital media properties, announced that its KanKan AI business has installed its Smart Campus system in more than 200 elementary and secondary schools in China. The system allows for seamless attendance management, epidemic prevention and control, energy management, campus access control, and notification of risky behaviors.

Remark Holdings Inc. stock is now -5.26% down from its year-to-date (YTD) trading value. MARK Stock saw the intraday high of $1.92 and lowest of $1.80 per share. The company’s 52-week high price is 4.72, which means current price is +23.29% above from all time high which was touched on 02/05/21.

Compared to the average trading volume of 2.21M shares, MARK reached a trading volume of 1357772 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Remark Holdings Inc. [MARK]?

ROTH Capital have made an estimate for Remark Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 31, 2018. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on October 13, 2016, representing the official price target for Remark Holdings Inc. stock. Previously, the target price had yet another raise to $11, while Maxim Group analysts kept a Buy rating on MARK stock.

The Average True Range (ATR) for Remark Holdings Inc. is set at 0.12, with the Price to Sales ratio for MARK stock in the period of the last 12 months amounting to 12.82.

How has MARK stock performed recently?

Remark Holdings Inc. [MARK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.76. With this latest performance, MARK shares gained by 8.43% in over the last four-week period, additionally plugging by 18.42% over the last 6 months – not to mention a drop of -25.93% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MARK stock in for the last two-week period is set at 48.97, with the RSI for the last a single of trading hit 47.93, and the three-weeks RSI is set at 47.77 for Remark Holdings Inc. [MARK]. The present Moving Average for the last 50 days of trading for this stock 1.8256, while it was recorded at 1.8820 for the last single week of trading, and 1.9328 for the last 200 days.

Remark Holdings Inc. [MARK]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Remark Holdings Inc. [MARK] shares currently have an operating margin of -132.80 and a Gross Margin at +33.66. Remark Holdings Inc.’s Net Margin is presently recorded at -134.89.

Reflecting on the efficiency of the workforce at the company, Remark Holdings Inc. [MARK] managed to generate an average of -$177,727 per employee. Receivables Turnover for the company is 1.89 with a Total Asset Turnover recorded at a value of 0.78.Remark Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.50.

Earnings analysis for Remark Holdings Inc. [MARK]

With the latest financial reports released by the company, Remark Holdings Inc. posted -0.11/share EPS, while the average EPS was predicted by analysts to be reported at -0.05/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -120.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MARK.

Insider trade positions for Remark Holdings Inc. [MARK]

There are presently around $39 million, or 21.60% of MARK stock, in the hands of institutional investors. The top three institutional holders of MARK stocks are: VANGUARD GROUP INC with ownership of 4,075,053, which is approximately 4.119% of the company’s market cap and around 11.26% of the total institutional ownership; CUTTER & CO BROKERAGE, INC., holding 2,674,929 shares of the stock with an approximate value of $4.82 million in MARK stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $3.58 million in MARK stock with ownership of nearly New of the company’s market capitalization.

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Positions in Remark Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 41 institutional holders increased their position in Remark Holdings Inc. [NASDAQ:MARK] by around 7,692,098 shares. Additionally, 26 investors decreased positions by around 1,228,258 shares, while 10 investors held positions by with 12,593,337 shares. The mentioned changes placed institutional holdings at 21,513,693 shares, according to the latest SEC report filing. MARK stock had 24 new institutional investments in for a total of 4,305,953 shares, while 12 institutional investors sold positions of 888,454 shares during the same period.

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