Marin Software Inc (NASDAQ:MRIN) shares, rose in value on Thursday, April 16, with the stock price down by -5.76% to the previous day’s close as strong demand from buyers drove the stock to $0.50.
Actively observing the price movement in the last trading, the stock closed the session at $0.54, falling within a range of $0.4085 and $0.5457. The value of beta (5-year monthly) was 0.651. Referring to stock’s 52-week performance, its high was $3.53, and the low was $0.48. On the whole, MRIN has fluctuated by -64.24% over the past month.
With the market capitalization of Marin Software Inc currently standing at about $1.58 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2017-Feb-27.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MRIN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of MRIN currently trading nearly -53.32% and -65.73% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 17.83, while the 7-day volatility ratio is showing 18.10% which for the 30-day chart, stands at 10.62%. Furthermore, Marin Software Inc (MRIN)’s beta value is 0.66, and its average true range (ATR) is 0.13.
A comparison of Marin Software Inc (MRIN) with its peers suggests the former has fared considerably weaker in the market. MRIN showed an intraday change of -5.76% in last session, and over the past year, it shrunk by -81.05%%.
Data on historical trading for Marin Software Inc (NASDAQ:MRIN) indicates that the trading volumes over the past 10 days have averaged 0.15 and over the past 3 months, they’ve averaged 39.96K. According to company’s latest data on outstanding shares, there are 3.14 million shares outstanding.
Nearly 8.09% of Marin Software Inc’s shares belong to company insiders and institutional investors own 5.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 50578.0 shares as on 2025-03-31, resulting in a short ratio of 3.63. According to the data, the short interest in Marin Software Inc (MRIN) stood at 170.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 57905.0. The stock has fallen by -77.19% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MRIN stock heading into the next quarter.
