Cutter & CO Brokerage Inc. Boosts Holdings in Remark Holdings, Inc. (NASDAQ:MARK)

Cutter & CO Brokerage Inc. boosted its position in shares of Remark Holdings, Inc. (NASDAQ:MARK) by 90.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,411,897 shares of the information services provider’s stock after acquiring an additional 1,142,250 shares during the period. Cutter & CO Brokerage Inc. owned 0.12% of Remark worth $1,206,000 as of its most recent filing with the Securities & Exchange Commission.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Remark in a research note on Tuesday, April 16th. They set a “sell” rating on the stock.

Remark Price Performance

Remark stock traded down $0.01 during mid-day trading on Tuesday, reaching $0.15. 183,500 shares of the company traded hands, compared to its average volume of 7,380,726. Remark Holdings, Inc. has a fifty-two week low of $0.14 and a fifty-two week high of $1.83. The company has a market capitalization of $6.56 million, a price-to-earnings ratio of -0.09 and a beta of 2.53. The firm’s fifty day moving average is $0.24 and its two-hundred day moving average is $0.41.

Remark (NASDAQ:MARK) last issued its quarterly earnings results on Monday, April 15th. The information services provider reported ($0.36) earnings per share (EPS) for the quarter. The business had revenue of $0.23 million for the quarter.

Remark Profile

Remark Holdings, Inc primarily focuses on the development and deployment of artificial intelligence-based solutions for businesses and software developers. It 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 rPad products and services.