Marathon Digital Holdings Inc (NASDAQ: MARA) stock suffered a major decline of -11.3% on 8/12/24. The shares closed at $15.11. NORMAL trading volume accompanied the decline. The stock has declined -12.1% during the last week but has been strong relative to the market over the last nine months.
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 D (Negative). 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 slightly positive Power Rating of 64, with the Negative Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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