Analysts Turn Mixed On Remark Holdings, Inc. (MARK), CubeSmart (CUBE)

    The shares of Remark Holdings, Inc. (NASDAQ:MARK) has been pegged with a rating of Buy by ROTH Capital in its latest research note that was published on January 31st, 2018. The research company has also assigned a $20.50 price target. ROTH Capital wasn’t the only research firm that published a report of Remark Holdings, Inc., with other equities research analysts also giving their opinion on the stock. ROTH Capital advised investors in its research note published on October 13th, 2016, to Buy the MARK stock while also putting a $8.50 price target.

    The consensus currently stands at a Hold while its average price target is $5.00. The price of the stock the last time has raised by 68.43% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 63.40.

    The shares of the company dipped by -3.20% during the trading session on Thursday, reaching a low of $0.844 while ending the day at $0.91. During the trading session, a total of 2.5 million shares were traded which represents a -638967.06% decline from the average session volume which is 390.70K shares. MARK had ended its last session trading at 0.94. Remark Holdings, Inc. currently has a market cap of $41.75M while its P/E earnings growth sits at 0.51, with a beta of 1.92. MARK 52-week low price stands at $0.54 while its 52-week high price is $4.57.

    Investment analysts at Stifel published a research note on August 20th, 2019 where it informed investors and clients that CubeSmart (NYSE:CUBE) is now rated as Hold. ROTH Capital also rated CUBE as Initiated on October 13th, 2016, with its price target of $225 suggesting that CUBE could down by -9.66% from its current share price. Even though the stock has been trading at $35.90/share, analysts expect it to surge higher by 1.14% to reach $33.11/share. It started the day trading at $36.31 and traded between $35.92 and $36.31 throughout the trading session.

    A look at its technical shows that CUBE’s 50-day SMA is 34.59 while its 200-day SMA stands at 32.16. The stock has a high of $36.32 for the year while the low is $27.19. The company’s P/E ratio currently sits at 38.83, while the P/B ratio is 3.88. At the moment, only of CubeSmart shares were sold short. The company’s average trading volume currently stands at 1.22M shares, which means that the short-interest ratio is just 5.38 days. Over the past seven days, the company moved, with its shift of 2.11%. Looking further, the stock has raised 5.98% over the past 90 days while it gained 19.13% over the last six months.

    The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more CUBE shares, decreasing its portfolio by -1.51% during the last quarter. This move now sees The Vanguard Group Inc selling -419,349 shares in the last quarter, thus it now holds 27,323,818 shares of CUBE, with a total valuation of $927,643,621. Fidelity Management Research Co meanwhile bought more CUBE shares in the recently filed quarter, changing its stake to $430,625,568 worth of shares. BlackRock Fund Advisors followed the path by decreasing its CUBE portfolio by -4.17% in the quarter. This means that BlackRock Fund Advisors sold -472,683 shares in the last quarter and now controls 10,868,963 shares of the CUBE stock, with the valuation hitting $369,001,294.

    Similarly, AllianceBernstein LP increased its CubeSmart shares by +5.85% during the recently filed quarter. After buying 529,647 shares in the last quarter, the firm now controls 9,588,459 shares of CubeSmart which are valued at $325,528,183. In the same vein, SSgA Funds Management Inc increased its CubeSmart shares by during the most recent reported quarter. The firm bought 668,452 shares during the quarter which increased its stakes to 7,849,636 shares and is now valued at $266,495,142. Following these latest developments, around 0.50% of CubeSmart stocks are owned by institutional investors and hedge funds.