Are Marin Software Incorporated Stocks Good For Long-Term Investments? – Share register
Marin Software Incorporated (NASDAQ: MRIN) traded at $ 6.76 last check on Monday, November 08, made a downward movement of -8.27% from its price the previous day.
Looking at the stock, we see that its previous close was $ 7.37 and the beta (5-year monthly) is -0.15, with today’s price range being $ 5.6859 to 8, $ 12. In terms of the 52 week price range, MRIN has a high of $ 27.26 and a low of $ 1.34. The company’s shares have lost around -9.01% in the past 30 days.
Marin Software Incorporated has a market capitalization of $ 97.73 million and is expected to release its quarterly earnings report from November 03, 2021 to November 08, 2021.
Analysts who track the company’s growth have also given it consensus growth in revenue estimated at $ 115 million, with a low of $ 115 million and a high of $ 115 million.
There has been no upward or downward revision to the stock’s EPS in the past 7 days, reflecting the nature of the company’s price movement in the short term. On the other hand, looking at the outlook for the MRIN stock, the short-term indicators assign the stock an average of 50% sell, while the medium-term indicators assign it a hold average. Long-term indicators place the stock in the 50% buy category on average.
Looking further, we notice that the current price point is -2.91% from its SMA20 and -4.50% from its 50-day simple moving average. The RSI (14) peaks at 47.99 while volatility over the past week is 13.83% and climbs to 8.49% over the past month. The beta value is -0.14, while the Average True Range (ATR) currently points to 0.68.
Let’s briefly compare the action of Marin Software Incorporated (MRIN) to its peers. We see that today’s price change of -8.27% and 184.56% over the past 12 months for MRIN is competing with that of Adobe Inc. (ADBE), which has seen its share price increase by 0.23% during the last trading session and by 33.49% during the last trading session. last one year. Another peer, ServiceSource International Inc. (SREV) gained 2.33% today, and was down -6.06% from last year, while Alphabet Inc. (GOOGL) is also up 0.14% at the moment, while its price remains in the green at 68.91% over the same period. Unlike these companies, the S&P 500 Index and the Dow Jones Industrial are now at 0.13% and 0.37%, respectively, in early trades.
Going back to Marin Software Incorporated (NASDAQ: MRIN), we note that the 3-month average transaction volume was 7.24 million, while the previous 10-day period was 2.31 million. The current shares outstanding are 14.23 million.
>> 7 top choices for the post-pandemic economy
Insiders own 0.90% of the company’s shares while institutions hold 14.60%. Data shows that as of May 27, 2021, short stocks stood at 0.2 million with a short ratio of 0.48. This represents a short interest of 1.82% in the shares outstanding on May 27, 2021. The shares short in May from the previous month at 0.29 million. Investors should be excited about this stock as it has significant upside potential, with today’s price pushing the stock up 264.85% in the price movement since the start of the year.