MARA Holdings Inc (NASDAQ:MARA) Has Recovered 57.29% So Far, But Another -63.97% Loss Is Possible.

MARA Holdings Inc (NASDAQ:MARA)’s traded shares stood at 46.66 million during the last session, with the company’s beta value hitting 5.56. At the close of trading, the stock’s price was $20.79, to imply a decrease of -4.19% or -$0.91 in intraday trading. The MARA share’s 52-week high remains $34.09, putting it -63.97% down since that peak but still an impressive 57.29% since price per share fell to its 52-week low of $8.88. The company has a valuation of $6.69B, with an average of 62.52 million shares in intraday trading volume over the past 10 days and average of 40.59 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for MARA Holdings Inc (MARA), translating to a mean rating of 2.36. Of 8 analyst(s) looking at the stock, 0 analyst(s) give MARA a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 5 recommend it as a Buy.

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
Sponsored

MARA Holdings Inc (NASDAQ:MARA) trade information

After registering a -4.19% downside in the last session, MARA Holdings Inc (MARA) has traded red over the past five days. The 5-day price performance for the stock is 7.66%, and 14.99% over 30 days. With these gigs, the year-to-date price performance is -11.49%. Short interest in MARA Holdings Inc (NASDAQ:MARA) saw shorts transact 70.43 million shares and set a 1.73 days time to cover.

The extremes give us $12 and $66 for target low and target high price respectively. As such, MARA has been trading -217.46% off suggested target high and 42.28% from its likely low.

MARA Holdings Inc (MARA) estimates and forecasts

Looking at statistics comparing MARA Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. MARA Holdings Inc (MARA) shares are 5.80% up over the last 6 months, with its year-to-date growth rate lower than industry average at -223.53% against 19.30%.

MARA Dividends

MARA Holdings Inc has its next earnings report out in December. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

MARA Holdings Inc (NASDAQ:MARA)’s Major holders

MARA Holdings Inc insiders hold 1.73% of total outstanding shares, with institutional holders owning 54.60% of the shares at 55.56% float percentage. In total, 54.60% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 43.02 million shares (or 16.6022% of shares), all amounting to roughly $853.87 million.

The next major institution holding the largest number of shares is VANGUARD GROUP INC with 32.29 million shares, or about 12.463% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $640.99 million.