Investment analysts at Roth Capital began 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 indicates a potential upside of 93.18% from the company’s previous close.

Shares of Remark Media (NASDAQ:MARK) remained flat at $4.40 on Thursday. 33,878 shares of the company were exchanged. The company’s market capitalization is $91.12 million. The company has a 50 day moving average of $4.40 and a 200 day moving average of $4.51. Remark Media has a 52 week low of $3.66 and a 52 week high of $5.40.

Remark Media (NASDAQ:MARK) last posted its earnings results on Thursday, August 11th. The company reported ($0.27) earnings per share (EPS) for the quarter. Remark Media had a negative net margin of 78.94% and a negative return on equity of 236.95%. The firm earned $15 million during the quarter. On average, equities research analysts expect that Remark Media will post ($0.90) EPS for the current fiscal year.

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About Remark Media

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 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 and its related Websites, including, mobile applications and retail locations.

5 Day Chart for NASDAQ:MARK

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