The stock of Marin Software Inc (MRIN) has gone down by -14.18% for the week, with a 10.63% rise in the past month and a -1.23% drop in the past quarter. The volatility ratio for the week is 22.43%, and the volatility levels for the past 30 days are 19.66% for MRIN. The simple moving average for the past 20 days is 0.89% for MRIN’s stock, with a -10.59% simple moving average for the past 200 days.
Is It Worth Investing in Marin Software Inc (NASDAQ: MRIN) Right Now?
Company’s 36-month beta value is 0.72.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MRIN is 2.78M, and currently, short sellers hold a 1.73% ratio of that floaft. The average trading volume of MRIN on April 23, 2024 was 731.76K shares.
MRIN) stock’s latest price update
The stock price of Marin Software Inc (NASDAQ: MRIN) has plunged by -21.77 when compared to previous closing price of 2.94, but the company has seen a -14.18% decline in its stock price over the last five trading sessions. Business Wire reported 2024-04-17 that SAN FRANCISCO–(BUSINESS WIRE)–Marin Software Incorporated (NASDAQ: MRIN), a leading provider of digital marketing software for performance-driven advertisers and agencies, today announced it will report financial results for the quarter ended March 31, 2024, after market close on Thursday, May 2, 2024. The company also announced it will hold a conference call on the same day at 2:00 PM Pacific Time (5:00 PM Eastern Time) to discuss its quarterly financial results. This conference call may inc.
Analysts’ Opinion of MRIN
Stifel, on the other hand, stated in their research note that they expect to see MRIN reach a price target of $6, previously predicting the price at $8. The rating they have provided for MRIN stocks is “Buy” according to the report published on May 06th, 2016.
UBS gave a rating of “Buy” to MRIN, setting the target price at $10 in the report published on August 06th of the previous year.
MRIN Trading at 6.95% 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 -57.78% of loss for the given period.
Volatility was left at 19.66%, however, over the last 30 days, the volatility rate increased by 22.43%, as shares surge +14.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.19% lower at present.
During the last 5 trading sessions, MRIN fell by -14.18%, which changed the moving average for the period of 200-days by -43.63% in comparison to the 20-day moving average, which settled at $2.29. In addition, Marin Software Inc saw 4.59% in overturn over a single year, with a tendency to cut further gains.
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 ’23. 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 ’23, 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:
- -1.0 for the present operating margin
- 0.38 for the gross margin
The net margin for Marin Software Inc stands at -1.24. The total capital return value is set at -1.18. Equity return is now at value -94.57, with -71.39 for asset returns.
Based on Marin Software Inc (MRIN), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at -7.63.
Currently, EBITDA for the company is -14.1 million with net debt to EBITDA at 0.59. When we switch over and look at the enterprise to sales, we see a ratio of -0.14. The receivables turnover for the company is 4.59for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.92.
Conclusion
In a nutshell, Marin Software Inc (MRIN) has experienced a mixed 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.
