Marathon Digital Holdings Inc (NASDAQ: MARA) stock closed at $19.32 on 11/6/24 after a major increase of 19.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 225% of normal. The stock has been weak relative to the market over the last nine months but has risen 2.0% 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). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Marathon Digital Holdings has a very low Appreciation Score of 15 and a very low Power Rating of 9, producing the Lowest Value Trend Rating.
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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