Marin Software Inc [NASDAQ: MRIN] surged by $0.59 during the normal trading session on Thursday and reaching a high of $1.66 during the day while it closed the day at $1.44.
Marin Software Inc stock has also gained 6.67% of its value over the past 7 days. However, MRIN stock has inclined by 2.13% in the 3 months of the year. Over the past six months meanwhile, it has lost -30.77% and lost -34.84% year-on date.
The market cap for MRIN stock reached $4.59 million, with 3.14 million shares outstanding and 2.93 million shares in the current float. Compared to the average trading volume of 2.77M shares, MRIN reached a trading volume of 49748362 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Marin Software Inc [MRIN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MRIN shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MRIN stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Marin Software Inc 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 Inc 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 Inc is set at 0.23, with the Price to Sales ratio for MRIN stock in the period of the last 12 months amounting to 0.27. The Price to Book ratio for the last quarter was 0.59, with the Price to Cash per share for the same quarter was set at 1.75.
MRIN stock trade performance evaluation
Marin Software Inc [MRIN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.67. With this latest performance, MRIN shares gained by 52.24% in over the last four-week period, additionally sinking by -30.77% over the last 6 months – not to mention a drop of -40.25% in the past year of trading.
Marin Software Inc [MRIN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Marin Software Inc [MRIN] shares currently have an operating margin of -44.27% and a Gross Margin at 60.52%. Marin Software Inc’s Net Margin is presently recorded at -71.93%.
Return on Equity for this stock declined to -64.07%, with Return on Assets sitting at -64.07%.
Marin Software Inc [MRIN]: Institutional Ownership
There are presently around $4.81%, or 5.23%% of MRIN stock, in the hands of institutional investors. The top three institutional holders of MRIN stocks are: SUSQUEHANNA INTERNATIONAL GROUP, LLP with ownership of 50000.0 shares, which is approximately 1.6088%. BLACKROCK INC., holding 43448.0 shares of the stock with an approximate value of $$0.1 million in MRIN stocks shares; and BLACKROCK INC., currently with $$70101.0 in MRIN stock with ownership which is approximately 0.9722%.
