Marathon Stock 9.45% Up Before The Weekend

(VIANEWS) – The NASDAQ ended the session with Marathon jumping 9.45% to $12.95 on Friday, following the last session’s downward trend. NASDAQ fell 1.01% to $13,492.52, following the last session’s upward trend on what was an all-around negative trend trading session today.

Marathon’s last close was $11.83, 37.34% below 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 $-7.5.

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%.

Moving Average

Marathon’s worth is way higher than its 50-day moving average of $9.69 and way higher than its 200-day moving average of $8.62.

Sales Growth

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

Earnings Before Interest, Taxes, Depreciation, and Amortization

Marathon’s EBITDA is 19.42.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 117.16M for the twelve trailing months.

More news about Marathon (MARA).

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