Roth Capital initiated coverage on shares of Remark Media Inc. (NASDAQ:MARK) in a research report report published on Thursday. The brokerage issued a buy rating and a $8.50 price objective on the stock.
Remark Media (NASDAQ:MARK) traded up 0.1386% during trading on Thursday, hitting $4.4061. 2,953 shares of the company traded hands. The stock has a 50-day moving average price of $4.40 and a 200-day moving average price of $4.51. Remark Media has a 12-month low of $3.66 and a 12-month high of $5.40. The firm’s market capitalization is $91.25 million.
Remark Media (NASDAQ:MARK) last posted its quarterly earnings results on Thursday, August 11th. The company reported ($0.27) earnings per share (EPS) for the quarter. The business had revenue of $15 million for the quarter. Remark Media had a negative return on equity of 236.95% and a negative net margin of 78.94%. Equities analysts expect that Remark Media will post ($0.90) EPS for the current fiscal year.
About Remark Media
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 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.
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