Overall market sentiment has been down on Marin Software Inc (MRIN) stock lately. MRIN receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Marin Software Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MRIN!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With MRIN Stock Today?
Marin Software Inc (MRIN) stock is trading at $8.03 as of 10:42 AM on Tuesday, Oct 5, an increase of $0.22, or 2.82% from the previous closing price of $7.81. The stock has traded between $7.68 and $8.20 so far today. Volume today is light. So far 371,901 shares have traded compared to average volume of 12,501,762 shares.
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More About Marin Software Inc
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; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions.
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