Somewhat Positive Media Coverage Somewhat Unlikely to Impact Remark (MARK) Stock Price
News headlines about Remark (NASDAQ:MARK) have been trending somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Remark earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the information services provider an impact score of 45.1992514323193 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- BRIEF-Remark Holdings Announces New Agreement For Its KanKan FinTech Product (reuters.com)
- Remark Holdings Announces New Agreement for its KanKan FinTech Product (finance.yahoo.com)
- Remark Holdings Announces $10 Million Investment from Charoen Pokphand (CP Group) – Priced at US$12 Per Share (finance.yahoo.com)
- Netanyahu on Bitcoin: ‘Nothing Can Keep Rising at This Rate’ (haaretz.com)
A number of analysts have weighed in on the company. ValuEngine cut Remark from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Roth Capital increased their target price on Remark to $8.00 and gave the company a “buy” rating in a research note on Tuesday, November 14th.
Shares of Remark (NASDAQ MARK) opened at $10.11 on Friday. The company has a market capitalization of $276.24, a PE ratio of -8.72 and a beta of 1.69. Remark has a 1 year low of $1.93 and a 1 year high of $10.82.
In other Remark news, CFO Douglas Osrow sold 90,542 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $8.02, for a total value of $726,146.84. Following the completion of the transaction, the chief financial officer now directly owns 46,600 shares in the company, valued at $373,732. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 32.50% of the company’s stock.
Remark Company Profile
Remark Holdings, Inc, formerly Remark Media, Inc, owns, operates and acquires digital media properties across multiple verticals. The Company operates through the travel and entertainment segment. The travel and entertainment segment includes the Vegas.com and its Roomlia mobile application. The Company is engaged in the sale of various travel and entertainment products, including air travel, show tickets and tours, which are booked through its travel and entertainment segment, consisting of Vegas.com and its related Websites, including LasVegas.com, mobile applications and retail locations.
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