Marathon Digital Holdings Inc (MARA)’s Market Momentum: Closing Strong at 19.21, Down -7.02

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

As of close of business last night, Marathon Digital Holdings Inc’s stock clocked out at $19.21, down -7.02% from its previous closing price of $20.66. In other words, the price has decreased by -$7.02 from its previous closing price. On the day, 66.88 million shares were traded. MARA stock price reached its highest trading level at $19.97 during the session, while it also had its lowest trading level at $18.58.


To gain a deeper understanding of MARA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.55. For the most recent quarter (mrq), Quick Ratio is recorded 23.07 and its Current Ratio is at 23.07. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.14.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 12 ’24 when Ouissal Said sold 10,217 shares for $20.50 per share. The transaction valued at 209,448 led to the insider holds 60,046 shares of the business.

SWAMI ASHU sold 11,000 shares of MARA for $151,833 on Aug 31 ’23. The Director now owns 7,491 shares after completing the transaction at $13.80 per share. On Aug 23 ’23, another insider, Ouissal Said, who serves as the Director of the company, sold 5,000 shares for $11.80 each. As a result, the insider received 59,000 and left with 10,217 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 5432337920 and an Enterprise Value of 5259715072. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.90, and their Forward P/E ratio for the next fiscal year is 82.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.45 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 10.486 whereas that against EBITDA is 7.026.

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 1.46%, while the 200-Day Moving Average is calculated to be 13.21%.

Shares Statistics:

It appears that MARA traded 46.54M shares on average per day over the past three months and 46661740 shares per day over the past ten days. A total of 272.96M shares are outstanding, with a floating share count of 270.84M. Insiders hold about 0.78% of the company’s shares, while institutions hold 41.33% stake in the company. Shares short for MARA as of 1715731200 were 69294610 with a Short Ratio of 1.34, compared to 1713139200 on 52498757. Therefore, it implies a Short% of Shares Outstanding of 69294610 and a Short% of Float of 28.02.

Most Popular