Somewhat Positive Media Coverage Somewhat Unlikely to Affect Remark (MARK) Share Price

News stories about Remark (NASDAQ:MARK) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Remark earned a news impact score of 0.21 on Accern’s scale. Accern also gave headlines about the information services provider an impact score of 45.6015663754983 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

Several equities analysts have recently commented on MARK shares. Roth Capital upped their price target on shares of Remark from $10.25 to $20.50 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. ValuEngine raised shares of Remark from a “sell” rating to a “hold” rating in a report on Saturday, February 3rd. Zacks Investment Research downgraded shares of Remark from a “hold” rating to a “sell” rating in a report on Saturday, January 27th. Finally, BidaskClub downgraded shares of Remark from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 24th.

Shares of Remark stock traded down $0.29 during midday trading on Monday, reaching $8.32. 75,087 shares of the company’s stock were exchanged, compared to its average volume of 1,645,672. Remark has a 52 week low of $1.93 and a 52 week high of $15.10. The firm has a market cap of $235.25, a P/E ratio of -7.17 and a beta of 2.06.

In other Remark news, CFO Douglas Osrow sold 20,000 shares of the company’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $13.02, for a total value of $260,400.00. Following the completion of the sale, the chief financial officer now directly owns 20,000 shares of the company’s stock, valued at approximately $260,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 32.50% of the stock is currently owned by corporate insiders.

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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 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 and its related Websites, including, mobile applications and retail locations.

Insider Buying and Selling by Quarter for Remark (NASDAQ:MARK)

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