InvestorsObserver is giving Remark Holdings Inc (MARK) an Analyst Rating Rank of 80, meaning MARK is ranked higher by analysts than 80% of stocks. The average projection by analysts for MARK is $4.25 over the next 12 months and analyst’s classify the stock as a Strong Buy
Why are Analyst Ratings Important?
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Remark Holdings Inc Stock Today?
Remark Holdings Inc (MARK) stock is higher by 15% while the S&P 500 is down -1.19% as of 2:12 PM on Thursday, Sep 17. MARK has gained $0.15 from the previous closing price of $1.00 on volume of 6,451,304 shares. Over the past year the S&P 500 is up 11.26% while MARK is down -8.00%. MARK lost -$0.45 per share the over the last 12 months.
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