Remark Media Inc (MARK) was Initiated by ROTH Capital to “Buy” and the brokerage firm has set the Price Target at $8.50. ROTH Capital advised their investors in a research report released on Oct 13, 2016.
Remark Media Inc opened for trading at $4.42 and hit $4.465 on the upside on Tuesday, eventually ending the session at $4.43, with a gain of 0.68% or 0.03 points. The heightened volatility saw the trading volume jump to 25,795 shares. Company has a market cap of $92 M.
In a different news, on Dec 1, 2015, Douglas Osrow (CFO) purchased 4,000 shares at $4.77 per share price.
Remark Media Inc. (Remark) is a digital media company with focus on the 18 to 34-year-old. The Company owns and operates digital media properties such as Websites and applications for mobile devices which provide media in different content verticals such as personal finance young adult lifestyle travel education and entertainment. The personal finance vertical includes Banks.com Website US Tax Center at www.irs.com Filelater.com Website and Taxextension.com Website. The young adult lifestyle vertical includes Bikini.com an online beach lifestyle destination for young women. The travel vertical includes Roomlia mobile hotel-booking application. The education vertical includes BoWenWang and ComoTudoFunciona which are digital publishers in markets of translated and localized articles from Discovery Communications’ HowStuffWorks family of content. The entertainment vertical includes SlapTV which provides a mix of horror and comedy.