(VIANEWS) – Shares of Marathon (NASDAQ: MARA) jumped by a staggering 30.21% in 21 sessions from $6.07 at 2023-03-07, to $7.91 at 16:19 EST on Wednesday, following the last session’s upward trend. NASDAQ is sliding 1.26% to $11,973.89, after two consecutive sessions in a row of losses.
Marathon’s last close was $8.51, 71.14% under its 52-week high of $29.49.
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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 270% and positive 53.8% for the next.
Sales Growth
Marathon’s sales growth is negative 41.6% for the present quarter and 22.2% for the next.
Volume
Today’s last reported volume for Marathon is 27457721 which is 25.89% below its average volume of 36518700.
Previous days news about Marathon (MARA)
- Marathon oil (mro) moves 9.9% higher: will this strength last?. According to Zacks on Tuesday, 4 April, "For Marathon Oil, the consensus EPS estimate for the quarter has been revised 15.7% lower over the last 30 days to the current level. "
More news about Marathon (MARA).
