MRIN Stock Summary and Trading Ideas (Marin Software | NASDAQ:MRIN)

Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social, and mobile advertising channels to improve financial performance, realize efficiencies and time savings, and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; and manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.

Marin Software trades on the NASDAQ stock market under the symbol MRIN.

As of May 20, 2024, MRIN stock price climbed to $2.79 with 53,198 million shares trading.

MRIN has a beta of -0.04, meaning it tends to be less sensitive to market movements. MRIN has a correlation of 0.00 to the broad based SPY ETF.

MRIN has a market cap of $8.40 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, MRIN stock traded as high as $163.56 and as low as $1.44.

The top ETF exchange traded funds that MRIN belongs to (by Net Assets): VXF, NANC.

MRIN stock has underperformed the market in the last year with a return of -29.2%, while SPY returned +29.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MRIN shares. However, MRIN has outperformed the market in the last 3 month and 2 week periods, returning +24.8% and +12.5%, while SPY returned +6.4% and +3.7%, respectively. This indicates MRIN has been having a stronger performance recently.

MRIN support price is $2.55 and resistance is $3.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MRIN stock will trade within this expected range on the day.