Meaningful negative changes in Marathon Digital Holdings Inc (NASDAQ: MARA) fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Marathon Digital Holdings Inc (NASDAQ: MARA) suffers from notable negative changes in investment behavior: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, MARA is expected to continue to be Value Creation neutral.
Marathon Digital Holdings has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Marathon Digital Holdings has a poor Power Rating of 24 and a poor Appreciation Score of 20, triggering the Lowest Value Trend Rating.
Recent Price Action
Marathon Digital Holdings Inc (NASDAQ: MARA) stock closed at $13.37 on 9/6/24 after a decline of -3.4%. However, below average trading volume at 73% of normal accompanied the decline. The stock has declined -21.9% during the last week and has been weak relative to the market over the last nine months.
Be the first to comment