(VIANEWS) – Shares of Marathon (NASDAQ: MARA) dropped 9.25% to $7.26 at 13:27 EST on Friday, after three successive sessions in a row of gains. NASDAQ is sliding 0.97% to $12,082.07, after three sequential sessions in a row of gains. This seems, so far, a somewhat negative trend trading session today.
Marathon’s last close was $8.00, 75.57% below 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 present quarter and 16.7% for the next.
Yearly Top and Bottom Value
Marathon’s stock is valued at $7.26 at 13:27 EST, way under its 52-week high of $32.74 and way above its 52-week low of $3.11.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15%, now sitting on 188.63M for the twelve trailing months.
More news about Marathon (MARA).
