Remark (NASDAQ:MARK) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Remark Holdings, Inc. (NASDAQ:MARK)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.10 and traded as low as $0.06. Remark shares last traded at $0.06, with a volume of 154,166 shares changing hands.

Analyst Upgrades and Downgrades

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

Remark Price Performance

The stock has a market cap of $4.03 million, a price-to-earnings ratio of -0.06 and a beta of 2.82. The firm has a 50 day simple moving average of $0.08 and a two-hundred day simple moving average of $0.10.

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.