Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Marathon Digital Holdings Inc’s current trading price is -40.22% away from its 52-week high, while its distance from the 52-week low is 196.55%. The stock’s price range over this period has fluctuated between $6.87 and $34.09. The company, operating within the financial sector, had a trading volume of approximately 41.97 million for the day, which was noticeably lower than the average daily share volume of 85.76 million over the last 3 months.
Marathon Digital Holdings Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $34.09 on 02/28/24, while the lowest value for the same period was recorded at $6.87 on 03/28/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Marathon Digital Holdings Inc (MARA) has experienced a quarterly decline of -23.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.76B and boasts a workforce of 60 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.01, with a change in price of +11.57. Similarly, Marathon Digital Holdings Inc recorded 74,021,500 in trading volume during the last 100 days, posting a change of +131.33%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MARA stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.20.
MARA Stock Stochastic Average
Today, Marathon Digital Holdings Inc’s raw stochastic average for the past 50 days stands at 29.58%, indicating a rise from the raw stochastic average of the last 20 days, which was 17.85%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 19.97% and 22.82% respectively.
MARA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -13.24% this year. Over the last six months, there has been a weaker performance of 138.08%. The price of MARA leaped by -30.18% during the last 30 days period. For the last 5-days stocks have improved 5.49%.
