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Marathon Stock Is 12% Up At Session Start On Tuesday

(VIANEWS) – Shares of Marathon (NASDAQ: MARA) jumped by a staggering 12.82% to $6.60 at 10:27 EST on Tuesday, after four consecutive sessions in a row of losses. NASDAQ is rising 0.69% to $11,973.75, following the last session’s upward trend. This seems, up until now, a somewhat up trend trading session today.

Marathon’s last close was $5.85, 82.13% under its 52-week high of $32.74.

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 -34.72%.

Sales Growth

Marathon’s sales growth is negative 45.6% for the ongoing quarter and 16.7% for the next.

Volume

Today’s last reported volume for Marathon is 10660507 which is 60.54% below its average volume of 27018300.

Volatility

Marathon’s last week, last month’s, and last quarter’s current intraday variation average was a negative 5.11%, a negative 1.59%, and a positive 7.16%.

Marathon’s highest amplitude of average volatility was 5.11% (last week), 6.67% (last month), and 7.16% (last quarter).

More news about Marathon (MARA).

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