Marathon Digital Holdings Inc (NASDAQ: MARA) stock enjoyed a major increase of 11.0% on 10/28/24. The shares closed at $18.94. Moreover, this advance was accompanied by unusually high trading volume at 165% of normal. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.
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 very low Appreciation Score of 14 and a very low Power Rating of 9, and the Lowest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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