Marlin Business Services Corp. (NASDAQ:MRLN) has been upgraded to Buy in a statement by TheStreet earlier today.
- Updated: September 17, 2016
Boasting a price of $18.16, Marlin Business Services Corp. (NASDAQ:MRLN) traded 1.16% higher on the day. With the last stock price up 15.84% relative to the 200-day average, compared with the S&P 500 which has decreased -0.01% over the same period. MRLN has registered a 50-day moving average of $18.29 and two hundred day moving average of $15.75. Trade volume was was up over the average, with 39,518 shares of MRLN changing hands over the typical 27,316 shares.
TheStreet has upgraded Marlin Business Services Corp.(NASDAQ:MRLN) to Buy in a report released Wednesday August 17 2016.
Previously on 11/4/2015, JMP Securities released a statement for Marlin Business Services Corp.(NASDAQ:MRLN) bumped the target price from $0.00 to $22.00. At the time, this indicated a possible upside of 0.19%.
Recent Performance Graph:
With a market capitalization of $0.0, Marlin Business Services Corp. has a P/E of 14 with a one-year low of $13.46 and a one-year high of $19.29.
General Information About 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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