(VIANEWS) – Shares of Marathon (NASDAQ: MARA) fell 9.21% to $7.99 at 10:28 EST on Wednesday, following the last session’s downward trend. NASDAQ is dropping 1.97% to $11,110.81, following the last session’s downward trend. This seems, at the moment, an all-around negative trend exchanging session today.

Marathon’s last close was $8.80, 73.12% under its 52-week high of $32.74.

About Marathon

Marathon Digital Holdings, Inc. is a company that produces digital assets. It mines cryptocurrency with an emphasis on the Blockchain ecosystem and the creation of digital assets in the United States. It had 8,115 bitcoins as of December 31, 2021. This includes the 4,794 bitcoins in its investment fund. Marathon Patent Group, Inc. was the company’s former name. In February 2021, Marathon Digital Holdings, Inc. took over its business. Marathon Digital Holdings, Inc. is an American company that was founded in 2010. Its headquarters are located 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%.


Today’s last reported volume for Marathon is 9466071 which is 61.13% below its average volume of 24353400.

Classification of Stock Prices

The stochastic oscillator is a helpful indicator for overbought or oversold situations.

Marathon stock considered oversold (=20).

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 59.1% and a negative 250%, respectively.

More news about Marathon (MARA).