Marin Software (NASDAQ:MRIN) Stock Price Up 0.7% – Still a Buy?

Shares of Marin Software Incorporated (NASDAQ:MRIN) rose 0.7% during trading on Thursday . The company traded as high as $1.42 and last traded at $1.42. Approximately 8,040 shares traded hands during trading, a decline of 99% from the average daily volume of 543,718 shares. The stock had previously closed at $1.41.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Marin Software in a research note on Wednesday, January 15th. They set a “hold” rating on the stock.

Marin Software Trading Up 0.7 %

The firm has a 50-day moving average price of $1.80 and a 200-day moving average price of $2.03. The company has a market capitalization of $4.46 million, a price-to-earnings ratio of -0.36 and a beta of 0.63.

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.