(VIANEWS) – Shares of Marathon (NASDAQ: MARA) slid by a staggering 16.38% in 5 sessions from $7.08 at -16.38, to $5.92 at 19:26 EST on Sunday, after three successive sessions in a row of losses. NASDAQ is sliding 0.61% to $11,718.12, after three sequential sessions in a row of losses.
Marathon’s last close was $5.92, 81.92% 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.
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%.
Volatility
Marathon’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.24%, a positive 2.14%, and a positive 7.08%.
Marathon’s highest amplitude of average volatility was 4.52% (last week), 9.00% (last month), and 7.08% (last quarter).
Yearly Top and Bottom Value
Marathon’s stock is valued at $5.92 at 19:26 EST, way below its 52-week high of $32.74 and way higher than its 52-week low of $3.11.
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