MARA Holdings Inc. (MARA) is gearing up for another turning point as it hit the volume of 32.07 million

MARA Holdings Inc. (NASDAQ: MARA) kicked off on Tuesday, up 1.39% from the previous trading day, before settling in for the closing price of $18.71. Over the past 52 weeks, MARA has traded in a range of $7.74-$34.09.

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Financial Sector giant saw their annual sales surged by 799.85% over the last five years. While this was happening, its average annual earnings per share was recorded -95.00%. With a float of $290.33 million, this company’s outstanding shares have now reached $294.48 million.

The firm has a total of 60 workers. Let’s measure their productivity. In terms of profitability, gross margin is 1.13%, operating margin of -60.59%, and the pretax margin is 79.23%.

MARA Holdings Inc. (MARA) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of MARA Holdings Inc. is 1.41%, while institutional ownership is 56.10%. The most recent insider transaction that took place on Oct 16 ’24, was worth 292,250. In this transaction Chief Financial Officer of this company sold 16,700 shares at a rate of $17.50, taking the stock ownership to the 2,077,232 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Chief Executive Officer sold 27,505 for $17.50, making the entire transaction worth $481,338. This insider now owns 4,250,804 shares in total.

MARA Holdings Inc. (MARA) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.35 earnings per share (EPS), higher than consensus estimate (set at -0.1) by 0.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -95.00% per share during the next fiscal year.

MARA Holdings Inc. (NASDAQ: MARA) Trading Performance Indicators

Take a look at MARA Holdings Inc.’s (MARA) current performance indicators. Last quarter, stock had a quick ratio of 3.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.89. Likewise, its price to free cash flow for the trailing twelve months is 44.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.84, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach -0.24 in one year’s time.

Technical Analysis of MARA Holdings Inc. (MARA)

Analysing the last 5-days average volume posted by the [MARA Holdings Inc., MARA], we can find that recorded value of 43.84 million was lower than the volume posted last year of 53.83 million. As of the previous 9 days, the stock’s Stochastic %D was 93.58%. Additionally, its Average True Range was 1.14.

During the past 100 days, MARA Holdings Inc.’s (MARA) raw stochastic average was set at 41.07%, which indicates a significant decrease from 96.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.71% in the past 14 days, which was lower than the 79.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.32, while its 200-day Moving Average is $19.30. Now, the first resistance to watch is $19.37. This is followed by the second major resistance level at $19.77. The third major resistance level sits at $20.40. If the price goes on to break the first support level at $18.34, it is likely to go to the next support level at $17.71. Should the price break the second support level, the third support level stands at $17.31.

MARA Holdings Inc. (NASDAQ: MARA) Key Stats

The company with the Market Capitalisation of 5.59 billion has total of 282,787K Shares Outstanding. Its annual sales at the moment are 387,510 K in contrast with the sum of 261,170 K annual income. Company’s last quarter sales were recorded 145,140 K and last quarter income was -199,660 K.