Marten Transport, Ltd (NASDAQ:MRTN) currently has a daily average trading volume of 522.55K but it saw 665260 shares traded in last market. With a market cap of 1.12B USD, the company’s current market price of $13.69 came falling about -0.65 while comparing to the previous closing price of $13.78. 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 $13.12, while its current price level is -28.92% below from 52-week high level whereas it is 9.35% 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 $13.47 while that of 200 days or SMA-200 reads an average of $15.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.73% during that period while stretching the period over a month that decreases to 3.43%. 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 56.89 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 7.88% up while it is 2.24% when we observe its performance for the past one month. Year-to-date it is -12.30% down and over the past year, the stock is showing a downside performance of -23.90%.
Currently, Marten Transport, Ltd’s total number of outstanding shares is 81.46M. 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 51.60 while having a 26.41 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 1.45 while price to sale or P/S ratio amounts to 1.19. Its return on asset (ROA) is 2.19% on average.
