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.
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%.
