(VIANEWS) – Shares of Marathon (NASDAQ: MARA) dropped by a staggering 21.98% in 5 sessions from $8.87 at -21.98, to $6.92 at 14:44 EST on Tuesday, after two successive sessions in a row of losses. NASDAQ is dropping 0.99% to $11,652.49, following the last session’s downward trend.
Marathon’s last close was $7.11, 78.28% below its 52-week high of $32.74.
About Marathon
Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Marathon has a trailing twelve months EPS of $-0.13.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -41.77%.
Volatility
Marathon’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.32%, a negative 0.03%, and a positive 8.10%.
Marathon’s highest amplitude of average volatility was 7.69% (last week), 7.61% (last month), and 8.10% (last quarter).
Volume
Today’s last reported volume for Marathon is 13222029 which is 63.76% below its average volume of 35855500.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 270% and positive 53.8% for the next.
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