Daily Progress: Marin Software Inc (MRIN) Drop -8.26, Closing at 2.22

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In the latest session, Marin Software Inc (NASDAQ: MRIN) closed at $2.22 down -8.26% from its previous closing price of $2.42. In other words, the price has decreased by -$8.26 from its previous closing price. On the day, 1.07 million shares were traded. MRIN stock price reached its highest trading level at $3.03 during the session, while it also had its lowest trading level at $2.2.

Ratios:

For a deeper understanding of Marin Software Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.56 and its Current Ratio is at 3.56. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.00.

On May 06, 2016, Stifel reiterated its Buy rating and also upped its target price recommendation from $8 to $6.

UBS reiterated its Buy rating for the stock on August 06, 2015, while the target price for the stock was revised from $13 to $10.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 08 ’23 when Bertz Robert sold 31,178 shares for $0.60 per share. The transaction valued at 18,841 led to the insider holds 38,281 shares of the business.

Lien Christopher A. sold 36,915 shares of MRIN for $24,275 on Sep 06 ’23. The CEO now owns 142,427 shares after completing the transaction at $0.66 per share. On Sep 05 ’23, another insider, Lien Christopher A., who serves as the CEO of the company, sold 40,227 shares for $0.43 each. As a result, the insider received 17,298 and left with 179,342 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRIN now has a Market Capitalization of 6896119 and an Enterprise Value of -1053878. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at -0.061 whereas that against EBITDA is 0.066.

Stock Price History:

Over the past 52 weeks, MRIN has reached a high of $5.45, while it has fallen to a 52-week low of $1.44. The 50-Day Moving Average of the stock is -9.29%, while the 200-Day Moving Average is calculated to be -2.73%.

Shares Statistics:

For the past three months, MRIN has traded an average of 418.34K shares per day and 127240 over the past ten days. A total of 3.01M shares are outstanding, with a floating share count of 2.87M. Insiders hold about 7.72% of the company’s shares, while institutions hold 5.12% stake in the company. Shares short for MRIN as of 1721001600 were 247243 with a Short Ratio of 0.59, compared to 1718323200 on 225163. Therefore, it implies a Short% of Shares Outstanding of 247243 and a Short% of Float of 8.42.

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