Is Marin Software Incorporated (MRIN) Good For Your Portfolio?

Marin Software Incorporated (NASDAQ:MRIN) saw a downside of 0.00% to close Monday at $7.94 after subtracting $0.0 on the day. The 5-day average trading volume is 1,910,420 shares of the company’s common stock. It has gained $8.60 in the past week. An average of 15,975,109 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 9,237,729.

MRIN’s 1-month performance is 36.90% or $2.14 on its low of $4.97 reached on 09/20/21. The company’s shares have touched a 52-week low of $1.23 and high of $27.26, with the stock’s rally to the 52-week high happening on 07/06/21. YTD, MRIN has achieved 293.07% or $5.92. However, the current price is down -70.87%% from the 52-week high price.


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Insider Transactions

On Aug 09, 64 days have gone by since the last insider trading activity for Marin Software Incorporated (MRIN). Kinion Brian K (Director) most recently sold 15,000 shares at $6.00 per share on Aug 09. This transaction cost the insider $90,070. Director, Hutchison Donald P., sold 44,217 shares at a price of $5.91 on Aug 05. Then, on Aug 05, EVP, Product and Technology Walcott Wister sold 6,000 shares at a price of $6.00 per share. This transaction amounted to $36,000.

Valuation Metrics

Marin Software Incorporated (MRIN) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 36.91 for the sector.MRIN stock has a beta of 0.03. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.73 while the price-to-book (PB) in the most recent quarter is 5.97.

Marin Software Incorporated’s quick ratio for the period ended December 30 was 1.70, with the current ratio over the same period at 1.70 meaning that MRIN stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending December 30 was 0.10, while the total debt to equity was 0.23. In terms of profitability, the gross margin trailing 12 months is 47.50%. The trailing 12-month EBITDA margin is -30.83% while for the period ending December 30; Marin Software Incorporated’s operating margin was -48.20%. The firm’s gross profit as reported stood at $12.04 million against revenue of $29.98 million.

Earnings Surprise

For the quarterly period ending December 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected MRIN to announce -$0.1 per share in earnings in its latest quarter, but it posted -$0.35, representing a -250.00% surprise. EBITDA for the quarter stood at more than -$2.06 million. MRIN stock balance sheet for the quarter ending December 30 shows that total liabilities totaled 15.6 million, with total debt at $8.09 million. Shareholders hold equity totaling $15.47 million

Technical Picture

Let’s look briefly at Marin Software Incorporated (MRIN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 50.67% to suggest the stock is trending Neutral, with historical volatility in this time period at 91.88%.

The stock’s 5-day moving average is $7.95, reflecting a +1.66% or $0.13 change from its current price. MRIN is currently trading +39.05% above its 20-day SMA, +412.26% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -4.11% and +293.07% respectively.

Stochastic %K and %D was 36.20% and 42.97% and the average true range (ATR) pointed at 0.97. The RSI (14) points at 52.49%, while the 14-day stochastic is at 15.12% with the period’s ATR at 1.02. The stock’s 9-day MACD Oscillator is pointing at -0.19 and -0.68 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Marin Software Incorporated (NASDAQ: MRIN), Stifel downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for MRIN stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate MRIN as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.

What is MRIN’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $14.00 and a high of $14.00, with their median price target at $14.00. Looking at these predictions, the average price target given by analysts is for Marin Software Incorporated (MRIN) stock is $14.00.

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