Remark Media (MARK) Getting Somewhat Positive Media Coverage, Report Finds
News coverage about Remark Media (NASDAQ:MARK) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Remark Media earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the information services provider an impact score of 45.6867223403602 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- AT&T-Time Warner Review Slows After Antitrust Chief Joins In (bloomberg.com)
- MIDEAST STOCKS-Saudi soft again, Emaar and DSI hold back Dubai (finance.yahoo.com)
- Al Rayan Bank PLC — Moody’s assigns a Aa3 deposit rating to Al Rayan Bank PLC; outlook negative (finance.yahoo.com)
- Facebook: Up to 126 million people saw Russian-backed content (foxnews.com)
A number of equities analysts recently commented on MARK shares. Zacks Investment Research downgraded Remark Media from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 19th. ValuEngine upgraded Remark Media from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Roth Capital reiterated a “buy” rating and issued a $8.00 price target on shares of Remark Media in a research note on Monday, October 2nd.
Remark Media (NASDAQ:MARK) traded up $0.02 during trading hours on Monday, reaching $3.66. The company had a trading volume of 182,386 shares, compared to its average volume of 763,029. Remark Media has a fifty-two week low of $1.93 and a fifty-two week high of $4.87.
Remark Media (NASDAQ:MARK) last issued its earnings results on Thursday, August 10th. The information services provider reported ($0.19) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.28) by $0.09. Remark Media had a negative return on equity of 4,860.73% and a negative net margin of 45.02%. The company had revenue of $17.26 million during the quarter, compared to the consensus estimate of $17.92 million. analysts anticipate that Remark Media will post -0.71 EPS for the current fiscal year.
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About Remark Media
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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