(VIANEWS) – The NASDAQ ended the session with Marathon (MARA) rising 16.1% to $22.43 on Wednesday while NASDAQ rose 1.25% to $16,369.41.
Marathon’s last close was $19.32, 43.33% under its 52-week high of $34.09.
About Marathon
Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem 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 $1.06.
PE Ratio
Marathon has a trailing twelve months price to earnings ratio of 21.16. Meaning, the purchaser of the share is investing $21.16 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 26.09%.
Volume
Today’s last reported volume for Marathon is 71763200 which is 18.67% below its average volume of 88242800.
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