Positives for Marin Software Inc (MRIN) as stock gains in recent trading

Marin Software Inc (NASDAQ: MRIN) is -23.08% lower on its value in year-to-date trading and has touched a low of $0.41 and a high of $3.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MRIN stock was last observed hovering at around $0.85 in the last trading session, with the day’s gains setting it 0.85%.

Currently trading at $1.70, the stock is 83.84% and 89.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 55.6 million and changing 100.00% at the moment leaves the stock -3.63% off its SMA200. MRIN registered -37.50% loss for a year compared to 6-month loss of -16.67%. The firm has a 50-day simple moving average (SMA 50) of $0.897 and a 200-day simple moving average (SMA200) of $1.76415.

The stock witnessed a 22.30% gain in the last 1 month and extending the period to 3 months gives it a 21.43%, and is 118.79% up 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 32.82% over the week and 16.73% over the month.

Profit margin for the company is -71.93%. Distance from 52-week low is 316.16% and -49.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-156.53%).

Marin Software Inc (MRIN) Top Institutional Holders

12.0 institutions hold shares in Marin Software Inc (MRIN), with institutional investors hold 5.23% of the company’s shares. The shares outstanding are 3.14M, and float is at 2.93M with Short Float at 8.45%. Institutions hold 4.81% of the Float.

The top institutional shareholder in the company is SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 50000.0 shares valued at $0.12 million. The investor’s holdings represent 1.6088% of the MRIN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 43448.0 shares valued at $0.1 million to account for 1.3979 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 30216.0 shares representing 0.9722% and valued at over $70101.0, while GEODE CAPITAL MANAGEMENT, LLC holds 0.8061 of the shares totaling 25054.0 with a market value of $58907.0.