Could Marin Software Incorporated (MRIN) Crash Even More? The Stock Just Made All-Time Low

March 18, 2018 - By Clifton Ray

Investors sentiment increased to 0.8 in 2017 Q3. Its up 0.09, from 0.71 in 2017Q2. It improved, as 3 investors sold Marin Software Incorporated shares while 7 reduced holdings. 4 funds opened positions while 4 raised stakes. 7.35 million shares or 12.99% less from 8.45 million shares in 2017Q2 were reported.
State Of New Jersey Common Pension Fund D stated it has 0% in Marin Software Incorporated (NYSE:MRIN). Moreover, Temasek Holdings (Private) Limited has 0.03% invested in Marin Software Incorporated (NYSE:MRIN). Renaissance Ltd Co has invested 0% of its portfolio in Marin Software Incorporated (NYSE:MRIN). The Texas-based Bridgeway Cap Management Inc has invested 0.01% in Marin Software Incorporated (NYSE:MRIN). Northern Tru Corporation reported 44,941 shares. Citigroup Inc has invested 0% of its portfolio in Marin Software Incorporated (NYSE:MRIN). Blackrock has invested 0% in Marin Software Incorporated (NYSE:MRIN). Wells Fargo & Mn accumulated 1,062 shares or 0% of the stock. 20,782 are held by Savings Bank Of Ny Mellon. Moreover, Dimensional Fund L P has 0% invested in Marin Software Incorporated (NYSE:MRIN) for 15,322 shares. California Employees Retirement Sys, a California-based fund reported 32,200 shares. Goldman Sachs Gru holds 0% in Marin Software Incorporated (NYSE:MRIN) or 69,905 shares. State Street reported 19,300 shares stake. Vanguard Grp holds 0% or 490,489 shares. Check Capital Mgmt Inc Ca invested in 30,000 shares.

Since October 20, 2017, it had 3 buys, and 0 insider sales for $5.14 million activity. Walcott Wister had bought 4,000 shares worth $38,700.

The stock of Marin Software Incorporated (NYSE:MRIN) reached all time low today, Mar, 18 and still has $6.77 target or 4.00 % below today’s $7.05 share price. This indicates more downside for the $40.43 million company. This technical setup was reported by Barchart.com. If the $6.77 PT is reached, the company will be worth $1.62 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock increased 1.44% or $0.1 during the last trading session, reaching $7.05. About 24,038 shares traded or 168.28% up from the average. Marin Software Incorporated (NYSE:MRIN) has declined 39.81% since March 18, 2017 and is downtrending. It has underperformed by 56.51% the S&P500.

Marin Software Incorporated (NYSE:MRIN) Ratings Coverage

Among 3 analysts covering Marin Software (NYSE:MRIN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Marin Software had 6 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, August 6 by Stifel Nicolaus. UBS maintained the stock with “Buy” rating in Thursday, August 6 report. Stifel Nicolaus maintained it with “Buy” rating and $6 target in Friday, May 6 report. The rating was downgraded by Stifel Nicolaus on Thursday, August 25 to “Hold”. The company was maintained on Monday, February 22 by UBS. The firm has “Buy” rating by Deutsche Bank given on Thursday, August 6.

Marin Software Incorporated operates a cross-channel advertising cloud platform in the United States and internationally. The company has market cap of $40.43 million. The Company’s platform allows marketing professionals to manage their digital advertising spend across search, social, and display channels. It currently has negative earnings. The company's platform consists of various modules, including Optimization module that helps advertisers to manage bids across publishers to meet revenue goals and identify opportunities for campaign improvements; Reporting and Analytics module that enables advertisers to report results at a business level and analyze cross-channel performance trends; and Campaign Management module, which provides the digital advertiser with an interface to create, manage, and optimize campaigns across various publishers.

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