Marin Software (NASDAQ:MRIN) Shares Up 12.9% – Here’s What Happened

Marin Software Incorporated (NASDAQ:MRINGet Free Report) traded up 12.9% during trading on Monday . The company traded as high as $0.64 and last traded at $0.63. 15,914,135 shares changed hands during mid-day trading, an increase of 3,717% from the average session volume of 416,938 shares. The stock had previously closed at $0.56.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Marin Software in a research note on Thursday, May 1st. They set a “hold” rating for the company.

Check Out Our Latest Research Report on Marin Software

Marin Software Stock Up 12.9 %

The stock has a market cap of $2.02 million, a P/E ratio of -0.16 and a beta of 0.40. The firm’s 50-day moving average is $1.10 and its two-hundred day moving average is $1.74.

Marin Software Company Profile

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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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