Remark Holdings Inc. (NASDAQ:MARK) shares traded 6.09% up during most recent session to reach at the closing price of $9.4. The stock exchanged hands 1.21 Million shares versus average trading capacity of 2 Million shares, yielding a market cap of $260.38 Million. Wall Street analysts covering the stock are projecting that the stock will reach $20.5 within the next 52-weeks. The mean target projections are based on 1 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Remark Holdings Inc. (NASDAQ:MARK) high price target of $20.5 and with a conservative view have low price target of $20.5.
Roth Capital “Initiates Coverage On” Remark Holdings Inc. (NASDAQ:MARK) in a research note issued to investors on 10/13/16 to Buy.
Additionally on 7/01/15 Maxim Group “Initiates Coverage on” Remark Holdings Inc. (NASDAQ:MARK) to Buy setting price target at $11.
On the other hand the company has Relative Strength Index (RSI 14) of 56.08 along with Average True Range (ATR 14) of 0.94, Consequently Remark Holdings Inc. (NASDAQ:MARK)’s weekly and monthly volatility is 10.26%, 11.69% respectively. The company’s beta value is at 1.89.
In terms of Buy, Sell or Hold recommendations, Remark Holdings Inc. (NASDAQ:MARK) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Remark Holdings Inc. (NASDAQ:MARK)’s minimum EPS for the current quarter is at $-0.25 and can go high up to $-0.25. The consensus mean EPS for the current quarter is at $-0.25 derived from a total of 1 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.4 earnings per share for the same quarter during last year.
Previously Remark Holdings Inc. (NASDAQ:MARK) reported $-0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.25 by $-0.33. The company posted an earnings surprise of -132%.
Remark Holdings Inc. (NASDAQ:MARK)’s revenue estimates for the current quarter are $19.48 Million according to 1 number of analysts, for the current quarter the company has high revenue estimates of $19.48 Million in contradiction of low revenue estimates of $19.48 Million. For the current year the company’s revenue estimates are $71.48 Million compared to low analyst estimates of $71.48 Million and high estimates of $71.48 Million according to 1 number of analysts.
Currently Remark Holdings Inc. (NASDAQ:MARK)’s shares owned by insiders are 29.05%, whereas shares owned by institutional owners are 16.4%. However the six-month change in the insider ownership was recorded -1.51%, as well as three-month change in the institutional ownership was recorded 38.34%.
Remark Holdings Inc. (NASDAQ:MARK) 52-week high price stands at $15.10 and low price stands at $1.93, its price distance from 52-week high is -37.75% while its distance from 52-week low price is 387.05%. The stock hit its 52-week high on 01/11/18, and 52-week low on 06/20/17.
Remark Holdings Inc. (NASDAQ:MARK)’s trailing twelve month revenues are $67 Million, whereas its price to sales ratio for the same period is 3.89. Its book value per share for the most recent quarter is $-0.41 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.