StockNews.com began coverage on shares of Marin Software (NASDAQ:MRIN – Free Report) in a report issued on Tuesday morning. The brokerage issued a hold rating on the stock.
Marin Software Stock Performance
Marin Software stock traded up $0.72 during mid-day trading on Tuesday, reaching $2.53. 47,091,494 shares of the company were exchanged, compared to its average volume of 825,064. The firm has a market cap of $7.86 million, a PE ratio of -0.40 and a beta of 0.48. The firm’s 50-day simple moving average is $2.31 and its two-hundred day simple moving average is $2.32. Marin Software has a twelve month low of $1.44 and a twelve month high of $5.45.
Marin Software (NASDAQ:MRIN – Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported ($0.62) earnings per share for the quarter. Marin Software had a negative return on equity of 62.66% and a negative net margin of 86.85%. The company had revenue of $4.05 million for the quarter.
About Marin Software
Marin Software Incorporated, together with its subsidiaries, provides enterprise marketing software for advertisers and agencies in the United States, the United Kingdom, and internationally. It offers MarinOne, a search, social, and eCommerce advertising platform, as well as self-serves solutions and managed services.
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