Remark (NASDAQ:MARK) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Remark Holdings, Inc. (NASDAQ:MARK)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.12 and traded as low as $0.11. Remark shares last traded at $0.11, with a volume of 141,432 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Remark in a research note on Saturday. They issued a “sell” rating on the stock.

Remark Price Performance

The firm’s 50-day moving average is $0.11 and its two-hundred day moving average is $0.12. The company has a market cap of $6.35 million, a P/E ratio of -0.09 and a beta of 2.72.

Remark (NASDAQ:MARK) last announced its quarterly earnings results on Monday, August 19th. The information services provider reported ($0.12) EPS for the quarter. The company had revenue of $3.70 million for the quarter.

Remark Company Profile

Remark Holdings, Inc provides AI-powered analytics, computer vision, and smart agent solutions. The company operates a data and AI software platform that offers AI-based computer vision products, computing devices, and software-as-a-service solutions; and Smart Safety Platform, a software solution that uses computer vision to detect persons, objects, and behavior in video feeds, as well as provides Remark AI Thermal kits and rPads products and services.