Remark Holdings Inc. (NASDAQ:MARK) went up by 13.24% from its latest closing price compared to the recent 1-year high of $4.72. The company’s stock price has collected -9.41% of loss in the last five trading sessions. Press Release reported on 02/19/21 that Thinking about buying stock in Gevo, Remark Holdings, 9 Meters Biopharma, Vertex Energy, or Grupo Supervielle?
Is It Worth Investing in Remark Holdings Inc. (NASDAQ :MARK) Right Now?
Plus, the 36-month beta value for MARK is at 3.11. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Remark Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $10.50, which is $2.15 above the current price. MARK currently public float of 90.93M and currently shorts hold a 9.91% ratio of that float. Today, the average trading volume of MARK was 5.16M shares.
MARK’s Market Performance
MARK stocks went down by -9.41% for the week, with a monthly jump of 56.50% and a quarterly performance of 246.85%, while its annual performance rate touched 492.31%. The volatility ratio for the week stands at 12.89% while the volatility levels for the past 30 days are set at 12.56% for Remark Holdings Inc.. The simple moving average for the period of the last 20 days is 7.77% for MARK stocks with a simple moving average of 114.04% for the last 200 days.
Analysts’ Opinion of MARK
Many brokerage firms have already submitted their reports for MARK stocks, with ROTH Capital repeating the rating for MARK by listing it as a “Buy.” The predicted price for MARK in the upcoming period, according to ROTH Capital is $20.50 based on the research report published on January 31st of the previous year 2018.
ROTH Capital, on the other hand, stated in their research note that they expect to see MARK reach a price target of $8.50. The rating they have provided for MARK stocks is “Buy” according to the report published on October 13th, 2016.
Maxim Group gave a rating of “Buy” to MARK, setting the target price at $11 in the report published on July 01st of the previous year.
MARK Trading at 50.53% from the 50-Day Moving Average
After a stumble in the market that brought MARK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.43% of loss for the given period.
Volatility was left at 12.56%, however, over the last 30 days, the volatility rate increased by 12.89%, as shares surge +59.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +148.39% upper at present.
During the last 5 trading sessions, MARK fell by -9.41%, which changed the moving average for the period of 200-days by +511.40% in comparison to the 20-day moving average, which settled at $3.64. In addition, Remark Holdings Inc. saw 102.63% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MARK
Current profitability levels for the company are sitting at:
- -403.03 for the present operating margin
- +10.44 for the gross margin
The net margin for Remark Holdings Inc. stands at -458.25. Equity return is now at value 106.60, with -102.30 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 8.42, with the company’s debt to enterprise value settled at 0.47. The receivables turnover for the company is 0.58 and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.18.