During the last session, Marathon Digital Holdings Inc (NASDAQ:MARA)’s traded shares were 45.47 million, with the beta value of the company hitting 5.36. At the end of the trading day, the stock’s price was $19.09, reflecting an intraday loss of -1.80% or -$0.35. The 52-week high for the MARA share is $34.09, that puts it down -78.58 from that peak though still a striking 62.49% gain since the share price plummeted to a 52-week low of $7.16. The company’s market capitalization is $5.40B, and the average trade volume was 65.49 million shares over the past three months.
Marathon Digital Holdings Inc (NASDAQ:MARA) trade information
Marathon Digital Holdings Inc (MARA) registered a -1.80% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.80% in intraday trading to $19.09, hitting a weekly high. The stock’s 5-day price performance is 30.49%, and it has moved by -8.88% in 30 days. Based on these gigs, the overall price performance for the year is 114.74%.
Marathon Digital Holdings Inc (MARA) estimates and forecasts
Statistics show that Marathon Digital Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. Marathon Digital Holdings Inc (MARA) shares have gone up 118.17% during the last six months, with a year-to-date growth rate less than the industry average at -123.53% against 18.50. In the rating firms’ projections, revenue will increase 92.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 180.69M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 179.69M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 51.13M and 81.76M respectively. In this case, analysts expect current quarter sales to grow by 253.40% and then jump by 119.80% in the coming quarter.
While earnings are projected to return -107.61% in 2024, the next five years will return 50.00% per annum.
MARA Dividends
Marathon Digital Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
