Marathon Digital Holdings Inc (NASDAQ: MARA) stock closed at $18.98 on 1/12/24 after a major decline of -15.3%. Moreover, this decline was accompanied by unusually high trading volume at 188% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -27.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, MARA is expected to be Value Creation neutral.
Marathon Digital Holdings has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Marathon Digital Holdings has a very low Appreciation Score of 12 but a very high Power Rating of 88, and the Neutral Value Trend Rating results.
Rating Review
In light of this highly negative 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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