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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Remark Holdings, Inc.    MARK

REMARK HOLDINGS, INC.

(MARK)
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Australia c.bank weighing benefits of expanding govt bond buying programme -Governor

10/14/2020 | 06:41pm EST

SYDNEY, Oct 15 (Reuters) - The Reserve Bank of Australia (RBA) Board was studying the benefits that would come from buying longer-dated government bonds as part of its monetary stimulus package to boost jobs and growth, Governor Philip Lowe said on Thursday.

The RBA board was looking at whether expanding the existing government bond-buying programme to include longer-dated maturities would help its "main priority" of creating jobs, Lowe said, responding to questions after a speech in Sydney.

Ten-year bond futures rallied on the remark, rising 6.5 ticks to 99.225, the highest since April 2020.

During his speech, Lowe opened the door for another cut to the cash rate from a record low 0.25% now, saying monetary easing would become more effective as the economy loosens its coronavirus restrictions. (Reporting by Swati Pandey and Wayne Cole; Editing by Muralikumar Anantharaman)


© Reuters 2020
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Financials (USD)
Sales 2020 9,15 M - -
Net income 2020 -21,1 M - -
Net Debt 2020 - - -
P/E ratio 2020 -6,32x
Yield 2020 -
Capitalization 157 M 157 M -
Capi. / Sales 2020 17,2x
Capi. / Sales 2021 6,38x
Nbr of Employees 290
Free-Float 86,0%
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Technical analysis trends REMARK HOLDINGS, INC.
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TrendsNeutralBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 4,25 $
Last Close Price 1,58 $
Spread / Highest target 169%
Spread / Average Target 169%
Spread / Lowest Target 169%
EPS Revisions
Managers
NameTitle
Kai-Shing Tao Chairman & Chief Executive Officer
Theodore P. Botts Independent Director
Brett Ratner Independent Director
Daniel Stein Independent Director
Elizabeth Ling Xu Independent Director
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