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Marathon Stock Bullish Momentum With A 23.31% Jump On Monday

(VIANEWS) – The NASDAQ ended the session with Marathon (MARA) rising 23.31% to $29.58 on Monday while NASDAQ fell 0.13% to $15,976.25.

Marathon’s last close was $23.99, 23.35% below its 52-week high of $31.30.

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 $-3.08.

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 -42.13%.

Yearly Top and Bottom Value

Marathon’s stock is valued at $29.58 at 17:08 EST, below its 52-week high of $31.30 and way higher than its 52-week low of $5.13.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 107.5% and 300%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 671.1%, now sitting on 259.16M for the twelve trailing months.

More news about Marathon (MARA).

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