The closing price of Marin Software Inc (NASDAQ: MRIN) was $0.60 for the day, down -7.56% from the previous closing price of $0.65. In other words, the price has decreased by -$0.0491 from its previous closing price. On the day, 8848435 shares were traded.
Ratios:
Our analysis of MRIN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.92 and its Current Ratio is at 3.92. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.03.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 10.66M and an Enterprise Value of 1.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.07 whereas that against EBITDA is -0.07.
Stock Price History:
Over the past 52 weeks, MRIN has reached a high of $0.94, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 0.3508, while the 200-Day Moving Average is calculated to be 0.4340.
Shares Statistics:
MRIN traded an average of 4.06M shares per day over the past three months and 25.48M shares per day over the past ten days. A total of 18.06M shares are outstanding, with a floating share count of 16.96M. Insiders hold about 6.11% of the company’s shares, while institutions hold 9.72% stake in the company. Shares short for MRIN as of Mar 15, 2024 were 288.6k with a Short Ratio of 0.07, compared to 301.73k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.60% and a Short% of Float of 1.69%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.07. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
