Let’s start up with the current stock price of Marathon Digital Holdings Inc. (MARA), which is $28.76 to be very precise. The Stock rose vividly during the last session to $32.79 after opening rate of $31.91 while the lowest price it went was recorded $30.81 before closing at $31.33.
Recently in News on May 5, 2021, Marathon Digital Holdings Becomes the First North American Enterprise Miner to Produce Fully AML and OFAC Compliant Bitcoin. Company Successfully Directs all of its Hashrate to the Marathon OFAC Pool, the First North American-Based Bitcoin Mining Pool, Fully Compliant with U.S. Regulations. You can read further details here
Marathon Digital Holdings Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $57.75 on 04/06/21, with the lowest value was $10.53 for the same time period, recorded on 01/04/21.
Marathon Digital Holdings Inc. (MARA) full year performance was 4549.75%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Marathon Digital Holdings Inc. shares are logging -50.20% during the 52-week period from high price, and 4614.93% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.61 and $57.75.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 6063064 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Marathon Digital Holdings Inc. (MARA) recorded performance in the market was 200.10%, having the revenues showcasing 39.12% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.10B, as it employees total of 3 workers.
Specialists analysis on Marathon Digital Holdings Inc. (MARA)
During the last month, 0 analysts gave the Marathon Digital Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 30.85, with a change in the price was noted +23.93. In a similar fashion, Marathon Digital Holdings Inc. posted a movement of +431.95% for the period of last 100 days, recording 32,484,951 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MARA is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: Marathon Digital Holdings Inc. (MARA)
Raw Stochastic average of Marathon Digital Holdings Inc. in the period of last 50 days is set at 15.93%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 4.32%. In the last 20 days, the company’s Stochastic %K was 9.10% and its Stochastic %D was recorded 13.66%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 200.10%. Additionally, trading for the stock in the period of the last six months notably improved by 1233.19%, alongside a boost of 4549.75% for the period of the last 12 months. The shares increased approximately by -14.82% in the 7-day charts and went up by -37.11% in the period of the last 30 days. Common stock shares were driven by 39.12% during last recorded quarter.