Do Remark Holdings Inc. (MARK) beta value of 2.93 signposts another twist?

Remark Holdings Inc. (MARK) is priced at $1.01 after the most recent trading session. At the very opening of the session, the stock price was $1.03 and reached a high price of $1.06, prior to closing the session it reached the value of $1.04. The stock touched a low price of $1.02.

Recently in News on September 10, 2020, Remark Holdings to Present at the H.C. Wainwright & Co. 22nd Annual Global Investment Conference. Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence (“AI”) solutions and digital media properties, today announced that members of its management team are scheduled to participate in the H.C. Wainwright & Co. 22nd Annual Global Investment Conference on September 14, 2020 at 2:00 pm ET (11:00 am PT). In addition to presenting, management will participate in one-on-one meetings with investors registered to attend the conference. To schedule a one-on-one meeting time, contact a H.C. Wainwright & Co. representative. You can read further details here

Remark Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.5600 on 05/27/20, with the lowest value was $0.2500 for the same time period, recorded on 03/24/20.

Remark Holdings Inc. (MARK) full year performance was -13.33%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Remark Holdings Inc. shares are logging -71.63% during the 52-week period from high price, and 304.00% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.25 and $3.56.

The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 1505031 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Remark Holdings Inc. (MARK) recorded performance in the market was 101.94%, having the revenues showcasing -61.19% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 108.53M, as it employees total of 80 workers.

Market experts do have their say about Remark Holdings Inc. (MARK)

During the last month, 0 analysts gave the Remark Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.6756, with a change in the price was noted +0.6289. In a similar fashion, Remark Holdings Inc. posted a movement of +165.02% for the period of last 100 days, recording 24,358,711 in trading volumes.

Technical breakdown of Remark Holdings Inc. (MARK)

Raw Stochastic average of Remark Holdings Inc. in the period of last 50 days is set at 4.90%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.90%. In the last 20 days, the company’s Stochastic %K was 16.38% and its Stochastic %D was recorded 15.10%.

Bearing in mind the latest performance of Remark Holdings Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 101.94%. Additionally, trading for the stock in the period of the last six months notably improved by 232.80%, alongside a downfall of -13.33% for the period of the last 12 months. The shares increased approximately by 5.06% in the 7-day charts and went up by -24.09% in the period of the last 30 days. Common stock shares were lifted by -61.19% during last recorded quarter.