Marathon Stock Impressive Jump 10% So Far On Thursday, Outperforms Market

(VIANEWS) – Shares of Marathon (NASDAQ: MARA) rose by a staggering 10.32% to $18.60 at 11:52 EST on Thursday, following the last session’s downward trend. NASDAQ is rising 1.04% to $14,063.39, after three consecutive sessions in a row of gains. This seems, up until now, an all-around bullish trend exchanging session today.

Marathon’s last close was $16.86, 10.7% 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 $-5.98.

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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Marathon’s EBITDA is 149.19.

Moving Average

Marathon’s value is way above its 50-day moving average of $10.60 and way above its 200-day moving average of $8.70.

More news about Marathon (MARA).

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