Marin Software Inc (NASDAQ: MRIN) is 43.25% higher on its value in year-to-date trading and has touched a low of $1.44 and a high of $5.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MRIN stock was last observed hovering at around $2.41 in the last trading session, with the day’s gains setting it 0.74%.
Currently trading at $3.15, the stock is 44.67% and 48.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 30.71% at the moment leaves the stock 22.07% off its SMA200. MRIN registered -38.95% loss for a year compared to 6-month loss of 16.41%.
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The stock witnessed a 56.25% gain in the last 1 month and extending the period to 3 months gives it a 41.13%, and is -12.59% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 24.85% over the week and 18.60% over the month.
Marin Software Inc (MRIN) has around 108 employees, a market worth around $9.48M and $17.73M in sales. Profit margin for the company is -123.61%. Distance from 52-week low is 118.75% and -42.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-156.18%).
Marin Software Inc (MRIN) Insider Activity
The most recent transaction is an insider sale by Bertz Robert, the company’s CFO. SEC filings show that Bertz Robert sold 31,178 shares of the company’s common stock on Sep 08 ’23 at a price of $0.60 per share for a total of $18841.0. Following the sale, the insider now owns 38281.0 shares.
Marin Software Inc disclosed in a document filed with the SEC on Sep 06 ’23 that Lien Christopher A. (CEO) sold a total of 36,915 shares of the company’s common stock. The trade occurred on Sep 06 ’23 and was made at $0.66 per share for $24275.0. Following the transaction, the insider now directly holds 0.14 million shares of the MRIN stock.
Still, SEC filings show that on Sep 05 ’23, Lien Christopher A. (CEO) disposed off 40,227 shares at an average price of $0.43 for $17298.0. The insider now directly holds 179,342 shares of Marin Software Inc (MRIN).
