Marathon Stock Is 26% Up In The Last 10 Sessions

(VIANEWS) – Shares of Marathon (NASDAQ: MARA) rose by a staggering 26.65% in 10 sessions from $9.38 at 2023-06-09, to $11.88 at 14:23 EST on Monday, following the last session’s upward trend. NASDAQ is dropping 0.83% to $13,380.60, following the last session’s downward trend.

Marathon’s last close was $12.71, 32.68% under its 52-week high of $18.88.

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 $-6.48.

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 -103.2%.

Volume

Today’s last reported volume for Marathon is 44665606 which is 23.48% above its average volume of 35881900.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Marathon’s stock is considered to be oversold (<=20).

Sales Growth

Marathon’s sales growth is 274.8% for the current quarter and 926.5% for the next.

Yearly Top and Bottom Value

Marathon’s stock is valued at $11.88 at 14:23 EST, way below its 52-week high of $18.88 and way above its 52-week low of $3.11.

More news about Marathon (MARA).

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