Marathon Digital Holdings Inc (NASDAQ: MARA) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Marathon Digital Holdings To Assume Full Operational Control of Its Recently Acquired Bitcoin Mining Sites.

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Stocks Info

The company is listed on the NASDAQ and operates within the Capital Markets industry segment. At the end of the last regular session, the stock closed at $18.20 and fluctuated between $19.08 as its day high and $17.84 as its day low. The current market capitalization of Marathon Digital Holdings Inc is $4.05B. A total of 52.15 million shares were traded on the day, compared to an average of 73.68M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MARA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 3 BUYs and 4 SELLs from insiders. Insiders purchased 46,031 shares during that period but sold 31,000.

In the most recent transaction, SWAMI ASHU sold 11,000 shares of MARA for 13.80 per share on Aug 31. After the transaction, the Director now owns 7,491 company shares. In a previous transaction on Aug 23, Ouissal Said sold 5,000 shares at 11.80 per share. MARA shares that Director owns now total 10,217.

Among the insiders who sold shares, Ouissal Said disposed of 15,000 shares on Aug 22 at a per-share price of $10.95. This resulted in the Director holding 15,217 shares of MARA after the transaction.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, MARA has a high of $31.30 and a low of $5.13.

As of this writing, MARA has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.11 per share and a lower estimate of -$0.14. The company reported an EPS of -$0.13 in the last quarter, which was -85.70% lower than expectations of -$0.07.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MARA’s latest balance sheet shows that the firm has $268.56M in Cash & Short Term Investments as of fiscal 2021. There were $728.41M in debt and $11.25M in liabilities at the time. Its Book Value Per Share was $4.85, while its Total Shareholder’s Equity was $682.10M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MARA is Buy with a score of 3.44.

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