Remark Media (MARK) Earning Somewhat Positive Press Coverage, Study Finds
Media stories about Remark Media (NASDAQ:MARK) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Remark Media earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the information services provider an impact score of 44.2729360968301 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Panthers’ Cam Newton may lose endorsement deal from company with Dayton ties (bizjournals.com)
- NRA suggests legal scrutiny of bump stocks; fast-shot devices need look, agree lawmakers, president (arkansasonline.com)
- Dannon Yogurt Drops Cam Newton Over ‘Sexist And Disparaging’ Comment (huffingtonpost.com)
- MIDEAST STOCKS-FTSE decisions hurt Saudi, boost Kuwait blue chips (finance.yahoo.com)
- Britain plans new sukuk deal; Brexit may boost Islamic finance (finance.yahoo.com)
Several analysts have recently commented on MARK shares. ValuEngine raised shares of Remark Media from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Zacks Investment Research cut shares of Remark Media from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Roth Capital reissued a “buy” rating and set a $8.00 price target on shares of Remark Media in a research note on Monday, October 2nd.
Shares of Remark Media (MARK) traded down 5.65% during trading on Friday, reaching $3.17. 185,659 shares of the company traded hands. Remark Media has a 12-month low of $1.93 and a 12-month high of $4.87. The company has a 50 day moving average price of $3.21 and a 200 day moving average price of $2.95. The firm’s market capitalization is $71.81 million.
Remark Media (NASDAQ:MARK) last posted its earnings results on Thursday, August 10th. The information services provider reported ($0.19) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.28) by $0.09. Remark Media had a negative net margin of 45.02% and a negative return on equity of 4,860.73%. The firm had revenue of $17.26 million for the quarter, compared to analyst estimates of $17.92 million. On average, equities analysts predict that Remark Media will post ($0.71) EPS for the current year.
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Remark Media 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 Vegas.com 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 Vegas.com and its related Websites, including LasVegas.com, mobile applications and retail locations.
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