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After finishing at $16.99 in the prior trading day, Marathon Digital Holdings Inc (NASDAQ: MARA) closed at $16.70, down -1.71%. In other words, the price has decreased by -$1.71 from its previous closing price. On the day, 30.98 million shares were traded. MARA stock price reached its highest trading level at $17.275 during the session, while it also had its lowest trading level at $16.49.
Ratios:
Our goal is to gain a better understanding of MARA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.75. For the most recent quarter (mrq), Quick Ratio is recorded 3.75 and its Current Ratio is at 3.75. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.13.
On October 31, 2023, Bernstein started tracking the stock assigning a Mkt Perform rating and target price of $8.30.
On October 11, 2023, JP Morgan started tracking the stock assigning a Underweight rating and target price of $5.JP Morgan initiated its Underweight rating on October 11, 2023, with a $5 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 12 ’24 when MELLINGER DOUGLAS K sold 1,000 shares for $16.05 per share. The transaction valued at 16,050 led to the insider holds 142,756 shares of the business.
MELLINGER DOUGLAS K bought 1,000 shares of MARA for $16,050 on Aug 12 ’24. On Jun 12 ’24, another insider, Ouissal Said, who serves as the Director of the company, sold 10,217 shares for $20.50 each. As a result, the insider received 209,448 and left with 60,046 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 4917732864 and an Enterprise Value of 5008648192. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.70 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 8.866 whereas that against EBITDA is 13.13.
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 $7.16. The 50-Day Moving Average of the stock is -13.62%, while the 200-Day Moving Average is calculated to be -14.31%.
Shares Statistics:
The stock has traded on average 43.28M shares per day over the past 3-months and 33572150 shares per day over the last 10 days, according to various share statistics. A total of 294.48M shares are outstanding, with a floating share count of 292.21M. Insiders hold about 0.77% of the company’s shares, while institutions hold 55.76% stake in the company. Shares short for MARA as of 1723680000 were 81518830 with a Short Ratio of 1.88, compared to 1721001600 on 70467448. Therefore, it implies a Short% of Shares Outstanding of 81518830 and a Short% of Float of 30.320000000000004.
