Let’s start up with the current stock price of Remark Holdings Inc. (MARK), which is $0.40 to be very precise. The Stock rose vividly during the last session to $0.5167 after opening rate of $0.50 while the lowest price it went was recorded $0.38 before closing at $0.50.Recently in News on May 3, 2022, Remark Holdings Sets Fiscal First Quarter 2022 Financial Results Call for May 16, 2022 at 4:30 p.m. ET. Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence (“AI”) solutions and digital media properties, today announced the company’s conference call to review financial results for its fiscal first quarter ended March 31, 2022 will be held on Monday, May 16, 2022 at 4:30 p.m. Eastern time. In addition to fiscal first quarter 2022 financial results, management will provide an update on the company’s AI businesses in Asia and the United States, and progress made across its AI platform. 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 $1.0900 on 02/07/22, with the lowest value was $0.3800 for the same time period, recorded on 05/11/22.
Remark Holdings Inc. (MARK) full year performance was -75.61%
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 -94.03% during the 52-week period from high price, and -18.37% 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 $0.49 and $6.70.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 2262187 for the day, which was evidently higher, 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 -59.66%, having the revenues showcasing -58.01% 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 44.04M, as it employees total of 74 workers.
Analysts verdict on 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 0.7944, with a change in the price was noted -0.65. In a similar fashion, Remark Holdings Inc. posted a movement of -61.90% for the period of last 100 days, recording 2,175,589 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MARK is recording 0.90 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Remark Holdings Inc. (MARK): Technical Analysis
Raw Stochastic average of Remark Holdings Inc. in the period of last 50 days is set at 3.70%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 6.25%. In the last 20 days, the company’s Stochastic %K was 5.19% and its Stochastic %D was recorded 10.04%.
Let’s take a glance in the erstwhile performances of Remark Holdings Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -59.66%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -73.86%, alongside a downfall of -75.61% for the period of the last 12 months. The shares increased approximately by -37.97% in the 7-day charts and went up by -39.89% in the period of the last 30 days. Common stock shares were lifted by -58.01% during last recorded quarter.