Previous close | 15.28 |
Open | 15.65 |
Bid | 15.79 x 2200 |
Ask | 15.78 x 1000 |
Day's range | 15.30 - 16.04 |
52-week range | 3.11 - 19.88 |
Volume | |
Avg. volume | 37,185,603 |
Market cap | 3.501B |
Beta (5Y monthly) | 5.11 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Shares of cryptocurrency mining company Marathon Digital Holdings (NASDAQ: MARA) were up 35.9% in November, according to data provided by S&P Global Market Intelligence. Marathon Digital also reported its financial results for the third quarter of 2023 on Nov. 8. Both the Q3 report and the October update showed the same thing that the market liked: Bitcoin production is way up.
Key Insights Using the 2 Stage Free Cash Flow to Equity, Marathon Digital Holdings fair value estimate is US$15.74...
It's a good time to be a cryptocurrency investor, and by extension it's good to be an investor in cryptocurrency mining businesses. The latest proof of that was Marathon Digital Holdings' (NASDAQ: MARA) nearly 15% pop in stock price Friday, a move sparked by an analyst price target increase but founded on continuing bullishness for anything crypto-related. The raiser was Reginald Smith of banking giant JPMorgan Chase.