(VIANEWS) – Shares of Marathon (NASDAQ: MARA) jumped by a staggering 31.62% in 5 sessions from $5.85 at 31.62, to $7.70 at 10:42 EST on Monday, following the last session’s upward trend. NASDAQ is dropping 0.58% to $11,787.27, after two successive sessions in a row of losses.
Marathon’s last close was $7.70, 76.48% 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 -41.77%.
Sales Growth
Marathon’s sales growth is negative 41.6% for the present quarter and 22.2% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 75.5%, now sitting on 149.61M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 270% and positive 53.8% for the next.
Moving Average
Marathon’s value is way higher than its 50-day moving average of $5.92 and way below its 200-day moving average of $9.41.
More news about Marathon (MARA).
