The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of MARA Holdings Inc (NASDAQ: MARA) closed at $19.64 in the last session, up 14.12% from day before closing price of $17.21. In other words, the price has increased by $14.12 from its previous closing price. On the day, 46.26 million shares were traded. MARA stock price reached its highest trading level at $19.73 during the session, while it also had its lowest trading level at $17.19.
Ratios:
We take a closer look at MARA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.00 and its Current Ratio is at 4.00. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on December 17, 2024, initiated with a Overweight rating and assigned the stock a target price of $34.
On December 10, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $12 to $23.
On November 25, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $27.Barclays initiated its Equal Weight rating on November 25, 2024, with a $27 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 16 ’24 when Thiel Frederick G sold 27,505 shares for $23.50 per share. The transaction valued at 646,368 led to the insider holds 4,128,090 shares of the business.
Khan Salman Hassan sold 16,700 shares of MARA for $392,450 on Dec 16 ’24. The Chief Financial Officer now owns 1,836,129 shares after completing the transaction at $23.50 per share. On Dec 12 ’24, another insider, MELLINGER DOUGLAS K, who serves as the Director of the company, sold 1,000 shares for $23.80 each. As a result, the insider received 23,800 and left with 138,756 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MARA now has a Market Capitalization of 6665462784 and an Enterprise Value of 6795589632. As of this moment, MARA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.19, and their Forward P/E ratio for the next fiscal year is 397.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.70 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 11.35 whereas that against EBITDA is 21.841.
Stock Price History:
Over the past 52 weeks, MARA has reached a high of $34.09, while it has fallen to a 52-week low of $13.16. The 50-Day Moving Average of the stock is -7.77%, while the 200-Day Moving Average is calculated to be 2.31%.
Shares Statistics:
According to the various share statistics, MARA traded on average about 59.36M shares per day over the past 3-months and 35978770 shares per day over the past 10 days. A total of 339.38M shares are outstanding, with a floating share count of 331.43M. Insiders hold about 2.34% of the company’s shares, while institutions hold 49.10% stake in the company. Shares short for MARA as of 1734048000 were 78820334 with a Short Ratio of 1.33, compared to 1731628800 on 64811226. Therefore, it implies a Short% of Shares Outstanding of 78820334 and a Short% of Float of 25.129997999999997.
