MARA Holdings Inc (NASDAQ: MARA) is -5.90% lower on its value in year-to-date trading and has touched a low of $13.16 and a high of $34.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MARA stock was last observed hovering at around $16.05 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $15.78, the stock is -10.59% and -18.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.5 million and changing -1.68% at the moment leaves the stock -17.43% off its SMA200. MARA registered -41.60% loss for a year compared to 6-month gain of -2.83%.
The stock witnessed a -20.74% loss in the last 1 month and extending the period to 3 months gives it a -24.10%, and is -1.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.93% over the week and 6.16% over the month.
MARA Holdings Inc (MARA) has around 60 employees, a market worth around $5.36B and $598.75M in sales. Current P/E ratio is 14.61 and Fwd P/E is 2270.50. Profit margin for the company is 39.44%. Distance from 52-week low is 19.86% and -53.71% from its 52-week high. The company has generated returns on investments over the last 12 months (6.76%).
with sales reaching $187.11M over the same period.The EPS is expected to shrink by -94.08% this year, but quarterly earnings will post 62.97% year-over-year. Quarterly sales are estimated to grow 19.35% in year-over-year returns.
The shares outstanding are 339.38M, and float is at 332.10M with Short Float at 23.58%.
The top institutional shareholder in the company is BLACKROCK INC. with over 43.02 million shares valued at $853.87 million. The investor’s holdings represent 16.6022 of the MARA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 32.29 million shares valued at $640.99 million to account for 12.463 of the shares outstanding. The other top investors are STATE STREET CORP which holds 10.64 million shares representing 4.1075 and valued at over $211.25 million, while CITADEL ADVISORS LLC holds 2.8025 of the shares totaling 7.26 million with a market value of $144.13 million.
MARA Holdings Inc (MARA) Insider Activity
Still, SEC filings show that on Jan 16 ’25, Thiel Frederick G (Chief Executive Officer) disposed off 27,505 shares at an average price of $18.01 for $0.5 million. The insider now directly holds 4,100,585 shares of MARA Holdings Inc (MARA).
