The stock of Marin Software Inc (MRIN) has gone up by 13.29% for the week, with a -22.86% drop in the past month and a -33.22% drop in the past quarter. The volatility ratio for the week is 11.55%, and the volatility levels for the past 30 days are 9.57% for MRIN. The simple moving average for the past 20 days is -1.97% for MRIN’s stock, with a -54.06% simple moving average for the past 200 days.
Is It Worth Investing in Marin Software Inc (NASDAQ: MRIN) Right Now?
while the 36-month beta value is 0.44.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Marin Software Inc (MRIN) is $14.00, which is $1.68 above the current market price. The public float for MRIN is 17.03M, and currently, short sellers hold a 4.14% ratio of that floaft. The average trading volume of MRIN on November 20, 2023 was 1.38M shares.
MRIN) stock’s latest price update
The stock price of Marin Software Inc (NASDAQ: MRIN) has jumped by 15.35 compared to previous close of 0.28. Despite this, the company has seen a gain of 13.29% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-02 that Marin Software Incorporated (NASDAQ:MRIN ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Robert Bertz – Chief Financial Officer Chris Lien – Founder, Chairman and CEO Operator Greetings, and welcome to the Marin Software Third Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
MRIN Trading at -20.91% from the 50-Day Moving Average
After a stumble in the market that brought MRIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.76% of loss for the given period.
Volatility was left at 9.57%, however, over the last 30 days, the volatility rate increased by 11.55%, as shares sank -22.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.69% lower at present.
During the last 5 trading sessions, MRIN rose by +13.29%, which changed the moving average for the period of 200-days by -75.22% in comparison to the 20-day moving average, which settled at $0.3190. In addition, Marin Software Inc saw -68.28% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MRIN starting from Bertz Robert, who sale 31,178 shares at the price of $0.60 back on Sep 08. After this action, Bertz Robert now owns 38,281 shares of Marin Software Inc, valued at $18,841 using the latest closing price.
Lien Christopher A., the CEO of Marin Software Inc, sale 36,915 shares at $0.66 during a trade that took place back on Sep 06, which means that Lien Christopher A. is holding 142,427 shares at $24,275 based on the most recent closing price.
Stock Fundamentals for MRIN
Current profitability levels for the company are sitting at:
- -108.57 for the present operating margin
- +36.09 for the gross margin
The net margin for Marin Software Inc stands at -91.05. The total capital return value is set at -49.32, while invested capital returns managed to touch -44.31. Equity return is now at value -80.55, with -61.03 for asset returns.
Based on Marin Software Inc (MRIN), the company’s capital structure generated 11.75 points at debt to equity in total, while total debt to capital is 10.51. Total debt to assets is 9.13, with long-term debt to equity ratio resting at 6.72. Finally, the long-term debt to capital ratio is 6.02.
When we switch over and look at the enterprise to sales, we see a ratio of -0.99, with the company’s debt to enterprise value settled at -0.47. The receivables turnover for the company is 4.37 and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.59.
Conclusion
In a nutshell, Marin Software Inc (MRIN) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
