Remark Media Inc. (MARK) Now Covered by Roth Capital
Equities research analysts at Roth Capital started coverage on shares of Remark Media Inc. (NASDAQ:MARK) in a research note issued on Thursday. The brokerage set a “buy” rating and a $8.50 price target on the stock. Roth Capital’s price target would indicate a potential upside of 93.62% from the company’s current price.
Remark Media (NASDAQ:MARK) opened at 4.39 on Thursday. Remark Media has a 1-year low of $3.66 and a 1-year high of $5.40. The stock has a 50 day moving average price of $4.40 and a 200 day moving average price of $4.50. The firm’s market cap is $90.91 million.
Remark Media (NASDAQ:MARK) last posted its earnings results on Thursday, August 11th. The company reported ($0.27) earnings per share for the quarter. The company had revenue of $15 million for the quarter. Remark Media had a negative net margin of 78.94% and a negative return on equity of 236.95%. On average, analysts anticipate that Remark Media will post ($0.90) EPS for the current year.
Remark Media Company Profile
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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