Marin Software (NASDAQ:MRIN) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com began coverage on shares of Marin Software (NASDAQ:MRINGet Free Report) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

Marin Software Stock Down 5.0 %

MRIN stock opened at $2.30 on Thursday. Marin Software has a 52 week low of $1.44 and a 52 week high of $5.45. The firm has a 50-day simple moving average of $2.35 and a 200-day simple moving average of $2.34. The stock has a market capitalization of $7.14 million, a P/E ratio of -0.37 and a beta of 0.53.

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

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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