Reassessing The Changing Outlook For MARA Holdings Inc. (MARA)

Currently, there are 294.48M common shares owned by the public and among those 292.31M shares have been available to trade.

The company’s stock has a 5-day price change of 11.26% and -12.90% over the past three months. MARA shares are trading -26.39% year to date (YTD), with the 12-month market performance up to 115.86% higher. It has a 12-month low price of $7.16 and touched a high of $34.09 over the same period. MARA has an average intraday trading volume of 39.10 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 10.30%, -0.24%, and -12.74% respectively.

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

Institutional ownership of MARA Holdings Inc. (NASDAQ: MARA) shares accounts for 55.97% of the company’s 294.48M shares outstanding.

It has a market capitalization of $5.09B and a beta (3y monthly) value of 5.52. The stock’s trailing 12-month PE ratio is 9.39, while the earnings-per-share (ttm) stands at $1.84. The company has a PEG of 0.19 and a Quick Ratio of 3.75 with the debt-to-equity ratio at 0.13. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.85% over the week and 7.33% over the month.

Earnings per share for the fiscal year are expected to decrease by -96.43%, and -669.56% over the next financial year.

Looking at the support for the MARA, a number of firms have released research notes about the stock. Macquarie stated their Outperform rating for the stock in a research note on September 25, 2024, with the firm’s price target at $22. BTIG Research coverage for the MARA Holdings Inc. (MARA) stock in a research note released on January 17, 2024 offered a Buy rating with a price target of $27. Bernstein was of a view on October 31, 2023 that the stock is Mkt Perform, while JP Morgan gave the stock Underweight rating on October 11, 2023, issuing a price target of $5. Needham on their part issued Hold rating on October 02, 2023.

Most Popular

Related Posts