The Rise and Fall of Marathon Digital Holdings Inc (MARA)

Marathon Digital Holdings Inc (MARA) is experiencing an upward trend in pre-market trading, with the stock rising 1.63% to $9.95. The stock has shown a more bullish performance compared to 62% of stocks on the market in the past month. In the Capital Markets industry, MARA ranks higher than 54% of stocks.

Over the past month, MARA has fallen 13.21%, closing at $10.95 on August 22. The stock reached a low of $9.80 and a high of $13.92 during this period. Analysts have given it an average recommendation of Buy, with an average price target of $15.50.

With an Overall Score of 59, MARA’s performance is worth noting. In terms of long-term technical rank, it ranks 56, indicating that it has performed better than 44% of stocks in the market over the past 200 trading days. Within the Capital Markets industry, MARA ranks higher than 40% of stocks this metric.

Investors in MARA should mark November 6, 2023, on their calendars as the company is set to release earnings on that day. Over the past 12 months, MARA has reported EPS of $-4.35. Unfortunately, the company does not currently have a set dividend date.

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Sources: InvestorsObserver Analysts