Marten Transport Stock Price on November 24, 2024

MRTN Stock  USD 16.91  0.26  1.56%   
Below is the normalized historical share price chart for Marten Transport extending back to September 25, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Marten Transport stands at 16.91, as last reported on the 25th of November, with the highest price reaching 16.95 and the lowest price hitting 16.65 during the day.
IPO Date
25th of September 1986
200 Day MA
17.5949
50 Day MA
16.8462
Beta
0.798
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Marten Stock, it is important to understand the factors that can impact its price. Marten Transport has Sharpe Ratio of -0.0017, which conveys that the firm had a -0.0017% return per unit of risk over the last 3 months. Marten Transport exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marten Transport's Mean Deviation of 1.32, risk adjusted performance of 0.0038, and Standard Deviation of 1.88 to check out the risk estimate we provide.
  
At this time, Marten Transport's Total Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 1 B, while Common Stock Shares Outstanding is likely to drop about 77.5 M. . At this time, Marten Transport's Price To Sales Ratio is very stable compared to the past year. As of the 25th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 10.89, while Price Earnings Ratio is likely to drop 13.36. Marten Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0017

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Estimated Market Risk

 1.87
  actual daily
16
84% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Marten Transport is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Marten Transport by adding Marten Transport to a well-diversified portfolio.
Price Book
1.7969
Enterprise Value Ebitda
8.9792
Price Sales
1.3752
Shares Float
57.6 M
Dividend Share
0.24

Marten Transport Valuation on November 24, 2024

It is possible to determine the worth of Marten Transport on a given historical date. On November 24, 2024 Marten was worth 16.68 at the beginning of the trading date compared to the closed value of 16.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marten Transport stock. Still, in general, we apply an absolute valuation method to find Marten Transport's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Marten Transport where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marten Transport's related companies.
 Open High Low Close Volume
  16.68    16.95    16.65    16.91    652,792  
11/25/2024
  16.68    16.95    16.65    16.91    0.00  
Backtest Marten Transport  |  Marten Transport History  |  Marten Transport Valuation   Previous
Open Value
16.68
16.91
Closing Value
22.30
Upside

Marten Transport Trading Date Momentum on November 24, 2024

On November 25 2024 Marten Transport was traded for  16.91  at the closing time. The top price for the day was 16.95  and the lowest listed price was  16.65 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.36% .

Marten Transport Fundamentals Correlations and Trends

By evaluating Marten Transport's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Marten Transport's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marten financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Marten Transport Stock history

Marten Transport investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Marten is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marten Transport will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Marten Transport stock prices may prove useful in developing a viable investing in Marten Transport
Last ReportedProjected for Next Year
Common Stock Shares Outstanding81.4 M77.5 M
Net Income Applicable To Common Shares126.9 M133.3 M

Marten Transport Quarterly Net Working Capital

53.53 Million

Marten Transport Stock Technical Analysis

Marten Transport technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Marten Transport technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Marten Transport trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Marten Transport Period Price Range

Low
November 25, 2024
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High

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Marten Transport cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Marten Transport November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Marten Transport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marten Transport shares will generate the highest return on investment. By undertsting and applying Marten Transport stock market strength indicators, traders can identify Marten Transport entry and exit signals to maximize returns

Marten Transport Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Marten Transport's price direction in advance. Along with the technical and fundamental analysis of Marten Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marten to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Marten Transport offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marten Transport's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marten Transport Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marten Transport Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marten Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marten Transport. If investors know Marten will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marten Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Dividend Share
0.24
Earnings Share
0.41
Revenue Per Share
12.308
Quarterly Revenue Growth
(0.15)
The market value of Marten Transport is measured differently than its book value, which is the value of Marten that is recorded on the company's balance sheet. Investors also form their own opinion of Marten Transport's value that differs from its market value or its book value, called intrinsic value, which is Marten Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marten Transport's market value can be influenced by many factors that don't directly affect Marten Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marten Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marten Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marten Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.