StockNews.com Initiates Coverage on Marin Software (NASDAQ:MRIN)

StockNews.com started coverage on shares of Marin Software (NASDAQ:MRINFree Report) in a research report released on Wednesday morning. The firm issued a hold rating on the stock.

Marin Software Trading Down 2.7 %

Shares of NASDAQ:MRIN opened at $2.15 on Wednesday. The business has a 50 day moving average of $2.33 and a two-hundred day moving average of $2.42. Marin Software has a 12-month low of $1.44 and a 12-month high of $5.45. The company has a market capitalization of $6.68 million, a PE ratio of -0.34 and a beta of 0.52.

Marin Software (NASDAQ:MRINGet Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported ($0.62) earnings per share for the quarter. The business had revenue of $4.05 million during the quarter. Marin Software had a negative net margin of 86.85% and a negative return on equity of 68.18%.

About Marin Software

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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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