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Marten Transport, Ltd (NASDAQ: MRTN) closed the day trading at $12.84 down -0.23% from the previous closing price of $12.87. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 0.56 million shares were traded. MRTN stock price reached its highest trading level at $13.32 during the session, while it also had its lowest trading level at $12.54.
Ratios:
For a better understanding of MRTN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On July 09, 2024, Vertical Research Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $22 to $19.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 28 ’25 when BAUER JERRY M bought 20,000 shares for $12.88 per share. The transaction valued at 257,660 led to the insider holds 176,444 shares of the business.
BAUER JERRY M bought 10,000 shares of MRTN for $158,051 on Oct 30 ’24. The Director now owns 156,444 shares after completing the transaction at $15.81 per share. On Jul 25 ’24, another insider, Phillips Adam Daniel, who serves as the EVP & Chief Operating Officer of the company, sold 4,500 shares for $18.34 each. As a result, the insider received 82,535 and left with 7,448 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, MRTN now has a Market Capitalization of 1046375296 and an Enterprise Value of 1007670528. As of this moment, Marten’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.99, and their Forward P/E ratio for the next fiscal year is 24.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 1.075 whereas that against EBITDA is 7.236.
Stock Price History:
The Beta on a monthly basis for MRTN is 1.04, which has changed by -0.25435537 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, MRTN has reached a high of $19.26, while it has fallen to a 52-week low of $12.52. The 50-Day Moving Average of the stock is -6.67%, while the 200-Day Moving Average is calculated to be -19.78%.
Shares Statistics:
Over the past 3-months, MRTN traded about 460.88K shares per day on average, while over the past 10 days, MRTN traded about 516200 shares per day. A total of 81.49M shares are outstanding, with a floating share count of 57.56M. Insiders hold about 29.34% of the company’s shares, while institutions hold 71.05% stake in the company. Shares short for MRTN as of 1744675200 were 1067816 with a Short Ratio of 2.32, compared to 1741910400 on 998658. Therefore, it implies a Short% of Shares Outstanding of 1067816 and a Short% of Float of 2.97.
Dividends & Splits
MRTN’s forward annual dividend rate is 0.24, up from 0.24 a year ago. Against a Trailing Annual Dividend Yield of 0.018648019The stock’s 5-year Average Dividend Yield is 1.08. The current Payout Ratio is 72.64% for MRTN, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2020-08-14 when the company split stock in a 3:2 ratio.
