Marten Transport, Ltd (NASDAQ:MRTN) currently has a daily average trading volume of 475.32K but it saw 2858248 shares traded in last market. With a market cap of 1.07B USD, the company’s current market price of $13.17 came rising about 3.78 while comparing to the previous closing price of $12.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.26 and as low as $12.52.
Taking a look at 20-day trading activity of Marten Transport, Ltd (MRTN) gives us an average price of $13.07, while its current price level is -31.62% below from 52-week high level whereas it is 5.19% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.53 while that of 200 days or SMA-200 reads an average of $15.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.92% during that period while stretching the period over a month that increases to 3.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.81 which implies that the stock is in neutral territory.
Vertical Research downgraded its recommendation for the stock as a “Hold” from “Buy” on July 09, 2024 while assigning a price target range of $22-$19. Raymond James issued its recommendations for the stock as it resumed the price target for the stock is $20.
Over the week, MRTN’s stock price is moving 3.62% up while it is 3.78% when we observe its performance for the past one month. Year-to-date it is -15.63% down and over the past year, the stock is showing a downside performance of -24.87%.
Currently, Marten Transport, Ltd’s total number of outstanding shares is 81.49M. Company’s return on investment (ROI) stands at 2.81% and return on equity (ROE) at 2.83%. It has a price to earnings ratio (P/E ratio) of 50.25 while having a 25.40 of forward P/E ratio. Stock’s beta reads 1.02. Stock has a price to book (P/B) ratio of 1.40 while price to sale or P/S ratio amounts to 1.14. Its return on asset (ROA) is 2.19% on average.
