Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Marin Software Inc (NASDAQ: MRIN) closed the day trading at $2.78 down -1.77% from the previous closing price of $2.83. In other words, the price has decreased by -$1.77 from its previous closing price. On the day, 0.54 million shares were traded. MRIN stock price reached its highest trading level at $2.89 during the session, while it also had its lowest trading level at $2.64.
Ratios:
For a better understanding of MRIN, let’s look at its different ratios. 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:
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 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 8371108 and an Enterprise Value of -1079891. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at -0.061 whereas that against EBITDA is 0.055.
Stock Price History:
The Beta on a monthly basis for MRIN is 0.79, which has changed by -0.39035088 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 27.84%, while the 200-Day Moving Average is calculated to be 10.48%.
Shares Statistics:
Over the past 3-months, MRIN traded about 918.38K shares per day on average, while over the past 10 days, MRIN traded about 1352630 shares per day. A total of 3.01M shares are outstanding, with a floating share count of 2.78M. Insiders hold about 7.64% of the company’s shares, while institutions hold 9.70% stake in the company. Shares short for MRIN as of 1713139200 were 547010 with a Short Ratio of 0.05, compared to 1710460800 on 48099. Therefore, it implies a Short% of Shares Outstanding of 547010 and a Short% of Float of 19.25.
Earnings Estimates
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 -$0.42. 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.
