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Recent Change of -5.30% in the Marathon Digital Holdings Inc. (MARA) market price might lead to pleasant surprises

For the readers interested in the stock health of Marathon Digital Holdings Inc. (MARA). It is currently valued at $10.27. When the transactions were called off in the previous session, Stock hit the highs of $11.57, after setting-off with the price of $10.40. Company’s stock value dipped to $10.22 during the trading on the day. When the trading was stopped its value was $10.85.Recently in News on September 19, 2022, Applied Blockchain Announces Groundbreaking of New 180MW Facility in Ellendale, North Dakota. — The Second Facility in the State and Third for the Company Overall, Further Expanding its High-Performance Computing (HPC) Infrastructure. You can read further details here

Marathon Digital Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $35.48 on 01/04/22, with the lowest value was $5.20 for the same time period, recorded on 07/05/22.

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Marathon Digital Holdings Inc. (MARA) full year performance was -67.36%

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 -87.69% during the 52-week period from high price, and 97.60% 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 $5.20 and $83.45.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 5023592 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 -66.98%, having the revenues showcasing 60.74% 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 1.40B, as it employees total of 10 workers.

Market experts do have their say about Marathon Digital Holdings Inc. (MARA)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 10.99, with a change in the price was noted -5.41. In a similar fashion, Marathon Digital Holdings Inc. posted a movement of -34.65% for the period of last 100 days, recording 16,998,777 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 1.16 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.11.

Technical breakdown of Marathon Digital Holdings Inc. (MARA)

Raw Stochastic average of Marathon Digital Holdings Inc. in the period of last 50 days is set at 25.25%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.90%. In the last 20 days, the company’s Stochastic %K was 4.73% and its Stochastic %D was recorded 5.87%.

Bearing in mind the latest performance of Marathon Digital Holdings Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -66.98%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -63.15%, alongside a downfall of -67.36% for the period of the last 12 months. The shares increased approximately by -13.89% in the 7-day charts and went up by -16.09% in the period of the last 30 days. Common stock shares were driven by 60.74% during last recorded quarter.

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