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Less Than Five Hours Before The NASDAQ Open, Marathon Is Up By 5%

(VIANEWS) – The NASDAQ opens in less than five hours and Marathon‘s pre-market value is already 5.71% up.

Marathon’s last close was $8.93, 52.7% under its 52-week high of $18.88.

The last session, NASDAQ finished with Marathon (MARA) falling 1.98% to $8.93. NASDAQ rose 2.19% to $12,975.69, after two sequential sessions in a row of gains, on what was an all-around up trend trading session.

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 $-5.66.

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%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 117.16M for the twelve trailing months.

Moving Average

Marathon’s worth is under its 50-day moving average of $9.24 and under its 200-day moving average of $8.95.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 100.6% and 113.8%, respectively.

More news about Marathon (MARA).

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