logo

The Psychology of Marathon Digital Holdings Inc Inc. (MARA) Price Performance: Understanding Market Sentiment

DOYU

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -9.17%. However, over the past six months, we’ve seen a weaker performance of 31.13%. The price of MARA fallen by 10.14% over the last 30 days. And in the last five days, it has fallen by -13.73%.

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of MARA Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Marathon Digital Holdings Inc’s current trading price is -37.42% away from its 52-week high, while its distance from the 52-week low is 197.97%. The stock’s price range over this timeframe has been between $7.16 and $34.09. The shares of the Financial sector company recorded a trading volume of approximately 23.3 million for the day, which was comparatively lower than the average daily volume of 47.8 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Marathon Digital Holdings Inc (MARA) has experienced a quarterly rise of 12.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.82B and boasts a workforce of 60 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 19.91, with a change in price of -4.28. Similarly, Marathon Digital Holdings Inc recorded 49,339,332 in trading volume during the last 100 days, posting a change of -16.65%.

MARA’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for MARA stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.14.

MARA Stock Stochastic Average

Marathon Digital Holdings Inc’s raw stochastic average for the past 50 days is currently at 39.48%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 31.10%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 23.63% and 29.58%, respectively.

Most Popular