Marathon Digital Holdings Inc (MARA) recently have taken one step ahead with the beta value of 5.38

Witnessing the stock’s movement on the chart, on Wednesday, Marathon Digital Holdings Inc (NASDAQ: MARA) had a quiet start as it plunged -3.34% to $17.38, before settling in for the price of $17.98 at the close. Taking a more long-term approach, MARA posted a 52-week range of $7.16-$34.09.

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The company of the Financial sector’s yearbook sales growth during the past 5- year span was recorded 799.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -107.61%. This publicly-traded company’s shares outstanding now amounts to $282.64 million, simultaneously with a float of $277.62 million. The organization now has a market capitalization sitting at $4.91 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.00, while the 200-day Moving Average is $15.95.

Marathon Digital Holdings Inc (MARA) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Capital Markets industry. Marathon Digital Holdings Inc’s current insider ownership accounts for 1.77%, in contrast to 37.24% institutional ownership. According to the most recent insider trade that took place on Aug 31 ’23, this organization’s Director sold 11,000 shares at the rate of 13.80, making the entire transaction reach 151,833 in total value, affecting insider ownership by 7,491. Preceding that transaction, on Aug 23 ’23, Company’s Director sold 5,000 for 11.80, making the whole transaction’s value amount to 59,000. This particular insider is now the holder of 10,217 in total.

Marathon Digital Holdings Inc (MARA) Earnings and Revenue Records

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.66 earnings per share (EPS) for the period topping the consensus outlook (set at $0.03) by $0.63. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.

Marathon Digital Holdings Inc’s EPS decrease for this current 12-month fiscal period is -107.61% and is forecasted to reach 0.28 in the upcoming year.

Marathon Digital Holdings Inc (NASDAQ: MARA) Trading Performance Indicators

Let’s observe the current performance indicators for Marathon Digital Holdings Inc (MARA). It’s Quick Ratio in the last reported quarter now stands at 30.51. The Stock has managed to achieve an average true range (ATR) of 2.07. Alongside those numbers, its PE Ratio stands at $15.46, and its Beta score is 5.38. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.68. Similarly, its price to free cash flow for trailing twelve months is now 115.04.

In the same vein, MARA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.12, a figure that is expected to reach 0.04 in the next quarter, and analysts are predicting that it will be 0.28 at the market close of one year from today.

Technical Analysis of Marathon Digital Holdings Inc (MARA)

Going through the that latest performance of [Marathon Digital Holdings Inc, MARA]. Its last 5-days volume of 40.41 million was inferior to the volume of 77.65 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 4.56% While, its Average True Range was 1.81.

Raw Stochastic average of Marathon Digital Holdings Inc (MARA) in the period of the previous 100 days is set at 32.97%, which indicates a major rise in contrast to 3.58% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 59.82% that was lower than 123.67% volatility it exhibited in the past 100-days period.