The present stock price for Marathon Digital Holdings Inc. (MARA) is $9.79. In the last trading session, the stock made a considerable jump, reaching $10.35 after an opening price of $10.32. The stock briefly fell to $9.47 before ending the session at $9.80.
Marathon Digital Holdings Inc. experienced a rather shaky stock market performance. The highest value in the past year was recorded at $19.88 on 07/14/23 and the lowest value was $3.11 on 12/28/22.
52-week price history of MARA Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Marathon Digital Holdings Inc.’s current trading price is -50.74% away from its 52-week high, while its distance from the 52-week low is 214.79%. The stock’s price range during the 52-week period has remained between $3.11 and $19.88. In the Financial sector, the company’s shares saw a trading volume of around 37.6 million for the day, which was evidently lower than the average daily volume of 37.72 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Marathon Digital Holdings Inc. (MARA) has experienced a quarterly decline of -1.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.71B and boasts a workforce of 30 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.35, with a change in price of +0.80. Similarly, Marathon Digital Holdings Inc. recorded 35,646,617 in trading volume during the last 100 days, posting a change of +8.90%.
Examining MARA’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for MARA stands at 1.23. Similarly, the long-term debt-to-equity ratio is also 1.23.
MARA Stock Stochastic Average
As of today, Marathon Digital Holdings Inc.’s raw stochastic average for the last 50 days stands at 3.08%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 7.19%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 6.82% and 5.96%, respectively.
MARA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 186.26% this year. Over the last six months, there has been a weaker performance of 19.83%. The price of MARA leaped by -20.08% during the last 30 days period. For the last 5-days stocks have slided -2.78%.