Marathon Already 4% Down, Almost One Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than one hour and Marathon‘s pre-market value is already 4.23% down.

Marathon’s last close was $6.26, 80.88% under its 52-week high of $32.74.

The last session, NASDAQ finished with Marathon (MARA) dropping 3.84% to $6.26. NASDAQ jumped 0.73% to $11,462.98, following the last session’s upward trend on what was a somewhat up trend exchanging session.

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%.

Volume

Today’s last reported volume for Marathon is 22507554 which is 28.18% below its average volume of 30567400.

Moving Average

Marathon’s worth is above its 50-day moving average of $6.07 and way under its 200-day moving average of $9.25.

More news about Marathon (MARA).

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