(VIANEWS) – Shares of Marathon (NASDAQ: MARA) rose 9.46% to $10.12 at 15:40 EST on Wednesday, following the last session’s downward trend. NASDAQ is rising 1.27% to $12,500.07, following the last session’s downward trend. This seems, up until now, an all-around positive trend trading session today.
Marathon’s last close was $9.25, 51.01% 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 $-6.27.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 99.4% and 112.3%, respectively.
Volume
Today’s last reported volume for Marathon is 25852535 which is 23.45% below its average volume of 33773700.
Moving Average
Marathon’s worth is way higher than its 50-day moving average of $8.65 and way higher than its 200-day moving average of $9.17.
Sales Growth
Marathon’s sales growth is 255.6% for the ongoing quarter and 900.2% for the next.
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