Marten Transport Ltd. MRTN Stock Analysis

Marten Transport Ltd. stock trades under the ticker MRTN & has shown recent bullishness that traders & investors should research further into.

MRTN stock closed at $19.85/share on 9/20/2022.

Marten Transport Ltd. MRTN Stock’s Technical Performance Broken Down

Marten Transport Ltd. MRTN Stock's Technical Performance Over The Last Year

MRTN Stock Price: $19.75

10 Day Moving Average: $19.41

50 Day Moving Average: $20.39

200 Day Moving Average: $17.93

RSI: 46.64

MACD: -0.312

Yesterday, MRTN stock completed a bullish MACD crossover, despite closing down 1.15%.

Recent trading volumes have been above average & their RSI is neutral, signaling that there may be more near-term momentum for MRTN stock.

They have support at the $18.80 & $18.23/share price levels, as they try to break out & above the $20.03 & $20.43/share resistance levels.

Marten Transport Ltd. MRTN Stock As A Long-Term Investment

Long-term oriented investors will like MRTN stock’s valuation metrics, with a 15.24 P/E (ttm) & a 2.38 P/B (mrq).

They recently reported 41.8% Quarterly Revenue Growth Y-o-Y, with 47.8% Quarterly Earnings Growth Y-o-Y.

Their balance sheet looks greatly appealing, with $68.37M of Total Cash (mrq) & $521K of Total Debt (mrq).

MRTN stock pays a 1% dividend, which appears stable in the long-run, as their payout ratio is 15.75%.

71.57% of MRTN stock’s outstanding share float is owned by institutional investors.

Marten Transport Ltd. MRTN Stock As A Short-Term Trade Using Options

Short-term focused traders can use options to profit from movements in MRTN stock’s price, while protecting their portfolios from volatility.

I am looking at the contracts with the 10/21 expiration date.

The $17.50 call options are in-the-money, with the next 4 strike prices all having open interest but being out of the money.

The $20 & $22.50 puts are also in-the-money, listed from most to least liquid strike.

Tying It All Together

MRTN stock has many interesting characteristics that traders & investors are sure to find appealing.

Investors will like their dividend yield & balance sheet, as well as their recent growth.

Traders will like their recent technical performance, but may be disappointed at how liquid their options are.

All-in-all, it is worth taking a closer look into how MRTN stock fits into your portfolio strategy.