Marlin Business Services Corp. (NASDAQ:MRLN) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 19, 2016
Showing a price of $18.28, Marlin Business Services Corp. (NASDAQ:MRLN) traded 0.22% higher on the day. The last close is up 14.08% from the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the date range. The company has logged a 50-day moving average of $18.39 and two hundred day moving average of $16.02. 17,807 shares of the stock exchanged hands, down from ann average volume of 27,334
Zacks Investment Research has downgraded Marlin Business Services Corp.(NASDAQ:MRLN) to Hold in a report released 9/20/2016.
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Marlin Business Services Corp. has a price-earnings of 15 with a one-year low of $13.46 and a one-year high of $19.29. The company’s total market value is presently $0.0.
General Company Details For Marlin Business Services Corp. (NASDAQ:MRLN)
Marlin Business Services Corp. is a provider of equipment financing solutions primarily to small and mid-sized businesses. The Company finances over 100 categories of common-use commercial equipment, including copiers, computers and software, security systems, telecommunications equipment, and certain commercial and industrial equipment. The Company accesses its end user customers primarily through origination sources, including its existing network of over 12, 300 independent commercial equipment dealers and various national account programs; through direct solicitation of its end user customers, and through relationships with select lease brokers. The Company provides equipment dealers with the ability to offer its lease financing and related services to their customers as an integrated part of their selling process. The Company’s product offerings include equipment leases, property insurance on leased equipment, and and funding stream.
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