Remark Holdings, Inc. (NASDAQ:MARK) Among Today’s Most Volatile Stocks – Unchanged $0.00

0
159

Remark Holdings, Inc. (NASDAQ:MARK) last traded at $3.64 with shares with a low of $3.43 and a high of $3.75. The swing tags the stock as one of the most volatile of the day.

It is currently trading at $3.64 marginally over the 50 day moving average which is $3.55 and which is well above the 200 day moving average of $3.01. The 50 day moving average was up $0.09 and the 200 day average was up $0.63.

(NASDAQ:MARK) in recent headlines.

Remark Holdings’ 3D Augmented Reality Chosen To Be Core Technology Behind Launch of Sina Weibo’s New Mobile Application
Remark Holdings’ 3D Augmented Reality Chosen To Be Core Technology Behind Launch of Sina Weibo’s New Mobile Application
Sina Weibo Releases Mobile Application Using Remark Holdings’ 3D Augmented Reality Technology.

Short Interest

Traders are more bullish on the company lately if you pay attention to the downtick in short interest. The company had a fall in short interest of -36.59% between September 29, 2017 and October 13, 2017. Short interest fell 128,194 over that period. With short interest at 222,169 and short average daily volume at 1,008,557, days to cover is 0.0 and the percentage of shorted shares is 0.01% as of October 13. In the latest earnings report the EPS was $-1.29 and is projected to be $-0.71 for the current year with 22,653,000 shares now outstanding. Analysts expect next quarter’s EPS to be $-0.27 with next year’s EPS projected to be $-0.97.

Company Information

Remark Holdings, Inc., formerly Remark Media, Inc., launched on March 14, 2006, owns, operates and acquires digital media properties across multiple verticals that deliver culturally relevant and dynamic content. 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 involved in the sale of various travel and entertainment products, including lodging, 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. KanKan, the Business’s social media application and data intelligence platform, aggregates content and consumer-shopping data across social media platforms around the world, and then stores it after scrubbing, analyzing and organizing the collected information. For users, the application allows them to explore the world around them, communicate with friends, make friends and respond to each other’s social media posts, regardless of the social media network on which activity originates..