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Marin Software Incorporated (MRIN): The stock medium term indicators show it’s time to Sell

How have the shares performed?

Marin Software Incorporated (MRIN) saw an uptrend of 6.49% in the recent trading with $1.64 being its most recent. The current price level -71.23% lower than the highest price of $5.70 marked by the stock while trading over the past 52-weeks, whereas it is 43.86% higher than the lowest price of $1.14 the company dropped to over past 52-weeks. The latest news story on MRIN appeared in Simply Wall St. under the title “Is Marin Software (NASDAQ:MRIN) Using Debt In A Risky Way?” on May-10-21.

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Squeezing the time span to 30 day period shows us the stock is currently trading -5.20% below one month high and is +19.71% above of the lowest during that time. Looking into the simple moving average, Marin Software Incorporated (MRIN)’s stock stands at a SMA-50 of $1.5900 while that of 5-day is reading $1.6260.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and MRIN’s SMA-200 as of now is $1.8619.

Marin Software Incorporated Earnings – What Happened With MRIN

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Marin Software Incorporated (MRIN) last released financial results for the quarter that ended 12/30/2016, posting a surprise factor of -250.00% for net revenue. During the reported three-month period, company’s sales were $6.31 billion while analysts on average were estimating the same to be $115.0 million.

MRIN – Marin Software Incorporated Stock Earnings Estimates

The perspective of Marin Software Incorporated (NASDAQ:MRIN)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.1 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -0.35.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 10.30 million. MRIN does have institutional investors; and they hold 21.50% of the stock.

Marin Software Incorporated – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 6 new insider purchases involving 128,138 shares. On the other hand, MRIN declared 6,677 shares have been sold in 2 insider transactions over the past three months.

As on Mar 30, 2021, Renaissance Technologies, LLC was the top most holder in Marin Software Incorporated (NASDAQ:MRIN) with an ownership of 0.43 million shares of the company or 7.83% of the stake worth $0.77 million. The filing also reveals Sapphire Ventures, LLC as the second largest holder in the company with a control over 3.50% of the outstanding shares. Its stake is worth $0.35 million for having 0.19 million shares in hand.

Acadian Asset Management. LLC also came holding a key position in the company during the recent quarter and it now holds 3.32% of the outstanding shares. With this there are now 20 institutions which have possession in MRIN’s shares.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Marin Software Incorporated was 1.42 while posting a debt to equity ratio of 0.20. The count was 20.74 for long-term debt to equity ratio.

Marin Software Incorporated’s return on equity, or ROE, is -84.70%, compared to the industry average of 4.84% for Technology – Software – Application. Although this indicates that MRIN fails to use its equity well, the metric will vary significantly depending on the industry.

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Technical Analysis of Marin Software Incorporated (NASDAQ:MRIN) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Marin Software Incorporated (MRIN), we notice that the stock’s 20-day average volume is at 264,915 shares. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 366,010 shares. And to end, MRIN’s 100-day average volume is 977,777 shares with 100% of the long-term indicators pointing towards Sell for the stock.

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