(VIANEWS) – The NASDAQ ended the session with Marathon jumping 18.32% to $7.95 on Wednesday, following the last session’s upward trend. NASDAQ jumped 0.92% to $12,070.59, after two sequential sessions in a row of gains, on what was a somewhat positive trend exchanging session today.
Marathon’s last close was $6.72, 79.47% 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 current quarter and 16.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15%, now sitting on 188.63M for the twelve trailing months.
Volume
Today’s last reported volume for Marathon is 45429800 which is 65.98% above its average volume of 27369600.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 59.1% and a negative 250%, respectively.
More news about Marathon (MARA).
