A new trading day began on Friday, with MARA Holdings Inc (NASDAQ: MARA) stock price up 7.65% from the previous day of trading, before settling in for the closing price of $24.18. MARA’s price has ranged from $9.88 to $34.09 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 799.85% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -113.04%. With a float of $313.49 million, this company’s outstanding shares have now reached $321.83 million.
In an organization with 60 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -16.51%, operating margin of -86.0%, and the pretax margin is 34.98%.
MARA Holdings Inc (MARA) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of MARA Holdings Inc is 2.59%, while institutional ownership is 51.65%. The most recent insider transaction that took place on Nov 18 ’24, was worth 330,660. In this transaction Chief Financial Officer of this company sold 16,700 shares at a rate of $19.80, taking the stock ownership to the 2,029,647 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Chief Executive Officer sold 27,505 for $19.80, making the entire transaction worth $544,599. This insider now owns 4,155,595 shares in total.
MARA Holdings Inc (MARA) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -113.04% per share during the next fiscal year.
MARA Holdings Inc (NASDAQ: MARA) Trading Performance Indicators
Here are MARA Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.08, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of MARA Holdings Inc (MARA)
Let’s dig in a bit further. During the last 5-days, its volume was 121.4 million. That was better than the volume of 55.56 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.56%. Additionally, its Average True Range was 2.34.
During the past 100 days, MARA Holdings Inc’s (MARA) raw stochastic average was set at 91.02%, which indicates a significant decrease from 93.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 170.68% in the past 14 days, which was higher than the 103.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.03, while its 200-day Moving Average is $19.42. However, in the short run, MARA Holdings Inc’s stock first resistance to watch stands at $27.46. Second resistance stands at $28.88. The third major resistance level sits at $31.06. If the price goes on to break the first support level at $23.86, it is likely to go to the next support level at $21.68. The third support level lies at $20.26 if the price breaches the second support level.
MARA Holdings Inc (NASDAQ: MARA) Key Stats
With a market capitalization of 9.02 billion, the company has a total of 321,831K Shares Outstanding. Currently, annual sales are 387,510 K while annual income is 261,170 K. The company’s previous quarter sales were 131,650 K while its latest quarter income was -124,790 K.
