Marin Software Inc (MRIN) Stock Experiences -5.45% Monthly Change

The stock of Marin Software Inc (MRIN) has seen a 35.75% increase in the past week, with a -5.45% drop in the past month, and a -4.71% decrease in the past quarter. The volatility ratio for the week is 15.97%, and the volatility levels for the past 30 days are at 10.04% for MRIN. The simple moving average for the past 20 days is 8.98% for MRIN’s stock, with a 7.66% simple moving average for the past 200 days.

Is It Worth Investing in Marin Software Inc (NASDAQ: MRIN) Right Now?

MRIN has 36-month beta value of 0.50. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for MRIN is 2.89M, and currently, short sellers hold a 8.25% ratio of that float. The average trading volume of MRIN on August 13, 2024 was 1.05M shares.

MRIN) stock’s latest price update

The stock price of Marin Software Inc (NASDAQ: MRIN) has dropped by -3.95 compared to previous close of 2.53. Despite this, the company has seen a gain of 35.75% in its stock price over the last five trading days. investorplace.com reported 2024-08-09 that Marin Software (NASDAQ: MRIN ) stock is rising higher on Friday after the enterprise marketing software company announced support for both Reddit and X, formerly known as Twitter. With these updates, marketers can now use Marin Software’s artificial intelligence ( AI )-powered platform to reach users of X and Reddit.

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 4.82% 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 -55.39% of loss for the given period.

Volatility was left at 10.04%, however, over the last 30 days, the volatility rate increased by 15.97%, as shares sank -0.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.19% lower at present.

During the last 5 trading sessions, MRIN rose by +35.75%, which changed the moving average for the period of 200-days by +4.38% in comparison to the 20-day moving average, which settled at $2.23. In addition, Marin Software Inc saw 10.50% 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:

  • -0.62 for the present operating margin
  • 0.53 for the gross margin

The net margin for Marin Software Inc stands at -0.87. The total capital return value is set at -0.96. Equity return is now at value -88.46, with -64.38 for asset returns.

Based on Marin Software Inc (MRIN), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -8.32. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is -46.11.

Currently, EBITDA for the company is -14.1 million with net debt to EBITDA at 0.79. When we switch over and look at the enterprise to sales, we see a ratio of 0.05. The receivables turnover for the company is 4.75for trailing twelve months and the total asset turnover is 1.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.49.

Conclusion

To put it simply, Marin Software Inc (MRIN) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.

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