Marin Software Inc (NASDAQ: MRIN) kicked off on Friday, down -18.23% from the previous trading day, before settling in for the closing price of $0.60. Over the past 52 weeks, MRIN has traded in a range of $0.24-$0.94.
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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -20.65%. With a float of $16.96 million, this company’s outstanding shares have now reached $18.06 million.
The extent of productivity of a business whose workforce counts for 108 workers is very important to gauge.
Marin Software Inc (MRIN) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Marin Software Inc is 6.11%, while institutional ownership is 9.72%. The most recent insider transaction that took place on Sep 08 ’23, was worth 18,841. In this transaction CFO of this company sold 31,178 shares at a rate of $0.60, taking the stock ownership to the 38,281 shares. Before that another transaction happened on Sep 06 ’23, when Company’s CEO sold 36,915 for $0.66, making the entire transaction worth $24,275. This insider now owns 142,427 shares in total.
Marin Software Inc (MRIN) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 14.46 per share during the current fiscal year.
For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 29.51% growth over the previous five years of trading.
Marin Software Inc (NASDAQ: MRIN) Trading Performance Indicators
Take a look at Marin Software Inc’s (MRIN) current performance indicators. Last quarter, stock had a quick ratio of 3.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.24
Technical Analysis of Marin Software Inc (MRIN)
The latest stats from [Marin Software Inc, MRIN] show that its last 5-days average volume of 51.54 million was superior to 3.73 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.67%. Additionally, its Average True Range was 0.08.
During the past 100 days, Marin Software Inc’s (MRIN) raw stochastic average was set at 37.60%, which indicates a significant increase from 37.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 367.89% in the past 14 days, which was higher than the 151.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3522, while its 200-day Moving Average is $0.4327. Now, the first resistance to watch is $0.5324. This is followed by the second major resistance level at $0.5737. The third major resistance level sits at $0.5994. If the price goes on to break the first support level at $0.4654, it is likely to go to the next support level at $0.4397. Assuming the price breaks the second support level, the third support level stands at $0.3984.
Marin Software Inc (NASDAQ: MRIN) Key Stats
The company with the Market Capitalisation of 8.87 million has total of 18,067K Shares Outstanding. Its annual sales at the moment are 17,730 K in contrast with the sum of -21,920 K annual income. Company’s last quarter sales were recorded 4,350 K and last quarter income was -5,260 K.
