Marathon Stock 23.12% Up Today

(VIANEWS) – The NASDAQ ended the session with Marathon rising 23.12% to $21.60 on Thursday, after two successive sessions in a row of gains. NASDAQ rose 0.24% to $15,793.71, after two sequential sessions in a row of gains, on what was a somewhat bullish trend exchanging session today.

Marathon’s last close was $17.54, 43.96% under its 52-week high of $31.30.

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 $-3.08.

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 -42.13%.

Sales Growth

Marathon’s sales growth is 381.8% for the present quarter and 235.1% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Marathon’s EBITDA is 17.65.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 98.1% and 280%, respectively.

More news about Marathon (MARA).

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