Marin Software Inc (NASDAQ:MRIN) price on Wednesday, April 30, fall -1.24% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.61.
A look at the stock’s price movement, the close in the last trading session was $0.61, moving within a range at $0.4901 and $0.6153. The beta value (5-Year monthly) was 0.651. Turning to its 52-week performance, $3.53 and $0.41 were the 52-week high and 52-week low respectively. Overall, MRIN moved -55.01% over the past month.
Marin Software Inc’s market cap currently stands at around $1.94 million, with investors looking forward to this quarter’s earnings report slated for on 2017-Feb-27.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MRIN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
MRIN’s current price about -20.66% and -51.01% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.68, while 7-day volatility ratio is 17.05% and 18.19% in the 30-day chart. Further, Marin Software Inc (MRIN) has a beta value of 0.42, and an average true range (ATR) of 0.13.
If we refocus on Marin Software Inc (NASDAQ:MRIN), historical trading data shows that trading volumes averaged 0.68 over the past 10 days and 124.08K over the past 3 months. The company’s latest data on shares outstanding shows there are 3.14 million shares.
The 8.09% of Marin Software Inc’s shares are in the hands of company insiders while institutional holders own 5.58% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 85378.0 on 2025-04-15, giving us a short ratio of 1.15. The data shows that as of 2025-04-15 short interest in Marin Software Inc (MRIN) stood at 287.0 of shares outstanding, with shares short rising to 46890.0 registered in 2025-03-14. Current price change has pushed the stock -72.52% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MRIN stock continues to rise going into the next quarter.
