(VIANEWS) – Shares of Marathon (NASDAQ: MARA) dropped by a staggering 28.3% in 10 sessions from $8.06 at 2023-01-27, to $5.78 at 11:32 EST on Friday, after two consecutive sessions in a row of losses. NASDAQ is falling 0.68% to $11,708.91, after two sequential sessions in a row of losses.
Marathon’s last close was $5.95, 81.83% 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%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 59.1% and a negative 250%, respectively.
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