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Marathon Digital Holdings Inc (MARA Stock: A Sea of Opportunity

Marathon Digital Holdings Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $34.09 on 02/28/24, while the lowest price for the same period was registered at $6.87 on 10/06/23.

52-week price history of MARA Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Marathon Digital Holdings Inc’s current trading price is -33.76% away from its 52-week high, while its distance from the 52-week low is 228.57%. The stock’s price range during this period has spanned from $6.87 to $34.09. In the Financial sector, the Marathon Digital Holdings Inc’s shares surpassed a trading volume of approximately 85.59 million for the day, which was noticeably higher compared to the average daily volume of 9.84.37 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Marathon Digital Holdings Inc (MARA) has experienced a quarterly decline of -27.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.38B and boasts a workforce of 60 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 19.27, with a change in price of +12.72. Similarly, Marathon Digital Holdings Inc recorded 74,737,344 in trading volume during the last 100 days, posting a change of +129.01%.

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 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 40.88%, indicating a decline from the raw stochastic average of the last 20 days, which was 43.24%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 32.06% and 25.59% respectively.

MARA Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -3.87%. However, over the past six months, we’ve seen a weaker performance of 181.90%. The price of MARA leaped by -27.23% over the last 30 days. And in the last five days, it has surged by 3.67%.

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