Marathon Digital Holdings Inc (NASDAQ: MARA) stock closed at $13.70 on 12/1/23 after a major increase of 14.5%. Moreover, unusually high trading volume at 152% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 25.5% during the last week.
Current PriceTarget Research Rating
MARA is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Marathon Digital Holdings has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Marathon Digital Holdings has a poor Appreciation Score of 17 but a good Power Rating of 75, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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