Marin Software Incorporated [MRIN] is 172.46% higher this YTD. Is it still time to buy?

Marin Software Incorporated [NASDAQ: MRIN] gained 149.01% or 2.25 points to close at $3.76 with a heavy trading volume of 168342815 shares. The company report on October 22, 2020 that Marin Software Announces Date of Third Quarter 2020 Financial Results Conference Call.

Marin Software Incorporated (NASDAQ: MRIN), a leading provider of digital marketing software for performance-driven advertisers and agencies, today announced it will report financial results for the quarter ended September 30, 2020, after market close on Thursday, November 5, 2020. The company also announced it will hold a conference call on the same day at 2:00 PM Pacific Time (5:00 PM Eastern Time) to discuss its quarterly financial results. This conference call may include forward-looking statements.

The conference call can be accessed by dialing (877) 705-6003 from the United States or (201) 493-6725 internationally with conference ID 13710848, and a live webcast of the conference call can be accessed at http://public.viavid.com/index.php?id=141617. Following the completion of the call through 11:59 PM Eastern Time on Thursday, November 12, a recorded replay will be available on the company’s website, and a telephone replay will be available by dialing (844) 512-2921 from the United States or (412) 317-6671 internationally with recording access code 13710848.

It opened the trading session at $2.70, the shares rose to $5.70 and dropped to $1.88, the range by which the price of stock traded the whole day. The daily chart for MRIN points out that the company has recorded 154.05% gains over the past six months. However, it is still -388.31% lower than its most recent low trading price.

If we look at the average trading volume of 53.02K shares, MRIN reached to a volume of 168342815 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Marin Software Incorporated [MRIN]:

Stifel have made an estimate for Marin Software Incorporated shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 25, 2016. While these analysts kept the previous recommendation, Stifel dropped their target price from $8 to $6. The new note on the price target was released on May 06, 2016, representing the official price target for Marin Software Incorporated stock. Previously, the target price had yet another drop from $13 to $10, while UBS kept a Buy rating on MRIN stock. On August 06, 2015, analysts decreased their price target for MRIN shares from 14 to 10.

The Average True Range (ATR) for Marin Software Incorporated is set at 0.38, with the Price to Sales ratio for MRIN stock in the period of the last 12 months amounting to 0.66. The Price to Book ratio for the last quarter was 1.78, with the Price to Cash per share for the same quarter was set at 1.58.

Trading performance analysis for MRIN stock

Marin Software Incorporated [MRIN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 198.41. With this latest performance, MRIN shares gained by 199.60% in over the last four-week period, additionally plugging by 154.05% over the last 6 months – not to mention a rise of 66.37% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MRIN stock in for the last two-week period is set at 92.16, with the RSI for the last a single of trading hit 95.16, and the three-weeks RSI is set at 88.68 for Marin Software Incorporated [MRIN]. The present Moving Average for the last 50 days of trading for this stock 1.38, while it was recorded at 1.82 for the last single week of trading, and 1.41 for the last 200 days.

Marin Software Incorporated [MRIN]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Marin Software Incorporated [MRIN] shares currently have an operating margin of -35.56 and a Gross Margin at +51.70. Marin Software Incorporated’s Net Margin is presently recorded at -25.30.

Return on Total Capital for MRIN is now -56.42, given the latest momentum, and Return on Invested Capital for the company is -44.18. Return on Equity for this stock declined to -49.21, with Return on Assets sitting at -27.86. When it comes to the capital structure of this company, Marin Software Incorporated [MRIN] has a Total Debt to Total Equity ratio set at 45.49. Additionally, MRIN Total Debt to Total Capital is recorded at 31.27, with Total Debt to Total Assets ending up at 22.65. Long-Term Debt to Equity for the company is recorded at 24.66, with the Long-Term Debt to Total Capital now at 16.95.

Reflecting on the efficiency of the workforce at the company, Marin Software Incorporated [MRIN] managed to generate an average of -$54,183 per employee. Receivables Turnover for the company is 4.49 with a Total Asset Turnover recorded at a value of 1.10.Marin Software Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

Marin Software Incorporated [MRIN]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MRIN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Marin Software Incorporated go to 20.00%.

An analysis of insider ownership at Marin Software Incorporated [MRIN]

There are presently around $3 million, or 26.70% of MRIN stock, in the hands of institutional investors. The top three institutional holders of MRIN stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 380,874, which is approximately 7.787% of the company’s market cap and around 15.70% of the total institutional ownership; SAPPHIRE VENTURES, L.L.C., holding 194,111 shares of the stock with an approximate value of $0.73 million in MRIN stocks shares; and VANGUARD GROUP INC, currently with $0.16 million in MRIN stock with ownership of nearly -1.717% of the company’s market capitalization.

Positions in Marin Software Incorporated stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 3 institutional holders increased their position in Marin Software Incorporated [NASDAQ:MRIN] by around 27,519 shares. Additionally, 7 investors decreased positions by around 28,188 shares, while 6 investors held positions by with 684,798 shares. The mentioned changes placed institutional holdings at 740,505 shares, according to the latest SEC report filing. MRIN stock had 1 new institutional investments in for a total of 1 shares, while 3 institutional investors sold positions of 22,983 shares during the same period.

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