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Wednesday, September 27, 2023

The Street Is Finally Waking Up To Marin Software Incorporated (NASDAQ: MRIN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Marin Software Incorporated (MRIN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.0312, or 6.53%, to $0.509. The Marin Software Incorporated has recorded 14,397 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Marin Software Announces HubSpot Integration.

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Stocks Info

Marin Software Incorporated is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Application industry. At the end of the last regular session, the stock closed at $0.48 and fluctuated between $0.5410 as its day high and $0.4627 as its day low. The current market capitalization of Marin Software Incorporated is $8.59M. A total of 0.92 million shares were traded on the day, compared to an average of 1.40M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, MRIN has seen 3 BUY and 3 SELL insider trades, representing the acquisition of 97,500 and the disposition of 39,763 shares. Over the last 12 months, there were 11 BUYs and 8 SELLs from insiders. Insiders purchased 427,765 shares during that period but sold 72,047.

In the most recent transaction, Bertz Robert sold 31,178 shares of MRIN for 0.60 per share on Sep 08. After the transaction, the CFO now owns 38,281 company shares. In a previous transaction on Sep 06, Lien Christopher A. sold 36,915 shares at 0.66 per share. MRIN shares that CEO owns now total 142,427.

Among the insiders who sold shares, Lien Christopher A. disposed of 40,227 shares on Sep 05 at a per-share price of $0.43. This resulted in the CEO holding 179,342 shares of MRIN after the transaction. In another insider transaction, Lien Christopher A. sold 26,989 shares at $0.43 per share on Sep 05. Company shares held by the CEO now total 0.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for MRIN in the last 3 months, the mean price target is $14.00 with high estimates of $14.00 and low estimates of $14.00. In terms of 52-week highs and lows, MRIN has a high of $1.84 and a low of $0.41.

As of this writing, MRIN has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0. The company reported an EPS of -$0.14 in the last quarter, which was -100.00% lower than expectations of -$0.07.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MRIN’s latest balance sheet shows that the firm has $46.84M in Cash & Short Term Investments as of fiscal 2021. There were $5.33M in debt and $11.38M in liabilities at the time. Its Book Value Per Share was $1.34, while its Total Shareholder’s Equity was $46.26M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MRIN is Buy with a score of 0.00.

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