Drilling Down Into Marinus Pharmaceuticals, Inc. (MRNS)

Marinus Pharmaceuticals, Inc. (MRNS) is an interesting player in the Healthcare space, with a focus on Biotechnology. The stock has been active on the tape, currently trading at $4.92, down from yesterday’s close by -7.87%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

It’s important to get a feel for how any stock is actually valued on the market based on its core numbers. Marinus Pharmaceuticals, Inc. (MRNS) currently trades with a market capitalization of $168.31 Million.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For MRNS, the company currently has $19.53 Million of cash on the books, which is offset by $3.5 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-24.11 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $-0.17 on a per share basis this quarter. Perhaps, that suggests something about why 53.54% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Marinus Pharmaceuticals, Inc. recorded a 52-week high of $8.22. It is now trading 3.3% off that level. The stock is trading $4.24 its 50-day moving average by -0.68%. The stock carved out a 52-week low down at $0.82.

In recent action, Marinus Pharmaceuticals, Inc. (MRNS) has made a move of +18.27% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.52, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 8.50% with $24.44 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MRNS.

Previous articleHealth Insurance Innovations, Inc. (HIIQ): From Top to Bottom
Next articleThe Case for and Against Spectrum Pharmaceuticals, Inc. (SPPI)