Marathon Stock Went Up By Over 12% So Far Today

(VIANEWS) – Shares of Marathon (NASDAQ: MARA) rose by a staggering 12.34% to $13.24 at 14:38 EST on Tuesday, following the last session’s downward trend. NASDAQ is jumping 1.23% to $13,499.40, after two sequential sessions in a row of losses. This seems, at the moment, an all-around up trend trading session today.

Marathon’s last close was $11.79, 37.55% under its 52-week high of $18.88.

About Marathon

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the blockchain ecosystem and the generation of digital assets in United States. 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 Fort Lauderdale, Florida.

Earnings Per Share

As for profitability, Marathon has a trailing twelve months EPS of $-5.55.

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 -103.2%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Marathon’s EBITDA is 23.36.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 100.6% and 115.4%, respectively.

Moving Average

Marathon’s worth is way higher than its 50-day moving average of $9.92 and way higher than its 200-day moving average of $8.63.

Yearly Top and Bottom Value

Marathon’s stock is valued at $13.24 at 14:38 EST, way under its 52-week high of $18.88 and way higher than its 52-week low of $3.11.

More news about Marathon (MARA).

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