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.
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.
IPO Date 25th of September 1986 | 200 Day MA 17.5949 | 50 Day MA 16.8462 | Beta 0.798 |
Marten |
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 |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 81.4 M | 77.5 M | |
Net Income Applicable To Common Shares | 126.9 M | 133.3 M |
Marten Transport Quarterly Net Working Capital |
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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.
Price Boundaries
Marten Transport Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
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.
Risk Adjusted Performance | 0.0038 | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (0.01) |
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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.