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Is Marin Software a Buy After Announcing an Agreement with Google? By StockNews

by Mike Robinson

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© Reuters. Marin Software: Is it worth buying after signing an agreement with Google

Marin Software (MRIN) garnered investor attention as it recently entered into a revenue-sharing agreement with Alphabet’s (GOOGL) Google. But, the company reported a loss during its second quarter. So, let’s find out if it is wise to bet on the stock now.Enterprise marketing software provider for advertisers and agencies, Marin Software Incorporated (MRIN) boasts of customers such as Dell Technologies Inc. (NYSE:), Square, Inc. (SQ), and International Business Machines Corporation (NYSE:). According to an 8-K filing on September 21, the company entered into a revenue-sharing agreement with Alphabet Inc.’s (NASDAQ:) Google LLC to develop its enterprise tech platform and software products.

MRIN’s shares soared to hit their 52-week high of $27.26 on July 6, primarily because of social media hype. However, it has lost 15% over the past three months to close yesterday’s trading session at $9.12. Its 52-week high is currently at $9.12. This is a sign that the current volume at 5.34million is lower than its 16.13 million average, and it also indicates less liquidity. In the second quarter, it also posted a loss. So, MRIN’s near-term prospects look uncertain.

Here are the factors that could shape MRIN’s performance in the upcoming months:

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