Marathon Digital Holdings Inc: Rising -37.00% from 52-Week Low, Can the Stock Stay Afloat?

In terms of market performance, Marathon Digital Holdings Inc had a somewhat regular. The highest value for the stock in the past year was $34.09 on 02/28/24, while the lowest value was $7.16 on 10/06/23.

52-week price history of MARA Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Marathon Digital Holdings Inc’s current trading price is -37.00% away from its 52-week high, while its distance from the 52-week low is 199.93%. The stock’s price range for this period has remained between $7.16 and $34.09. The Financial sector company’s shares managed to surpass a trading volume of around 25.85 million for the day, which was noticeably lower compared to the shares’ average daily volume of 83.83 million over the last three months.

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Financial Performance and Market Capitalization

Marathon Digital Holdings Inc (MARA) has experienced a quarterly decline of -23.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.07B and boasts a workforce of 60 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 19.39, with a change in price of +12.24. Similarly, Marathon Digital Holdings Inc recorded 74,551,086 in trading volume during the last 100 days, posting a change of +130.07%.

MARA Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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

As of today, the raw stochastic average of Marathon Digital Holdings Inc over the past 50 days is 36.11%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 35.48%. Additionally, the Stochastic %K and %D values for the company were 40.65% and 37.74%, respectively, over the past 20 days.

MARA Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -8.58% this year. Over the last six months, there has been a weaker performance of 150.58%. The price of MARA leaped by -17.08% during the last 30 days period. For the last 5-days stocks have improved 2.90%.

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