With 35.23 million shares changed hands, the volume of the stock remained lighter than its average volume of 41.58 million shares. The 52-week range on MARA shows that it touched its highest point at $30.28 and its lowest point at $9.81 during that stretch. It currently has a 1-year price target of $20.12. Beta for the stock currently stands at 6.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MARA was up-trending over the past week, with a rise of 2.32%, but this was up by 28.91% over a month. Three-month performance surged to 1.68% while six-month performance fell -24.79%. The stock lost -19.21% in the past year, while it has lost -2.68% so far this year. A look at the trailing 12-month EPS for MARA yields -1.44 with Next year EPS estimates of -0.87. For the next quarter, that number is -0.23. This implies an EPS growth rate of -206.76% for this year and 52.46% for next year.
Float and Shares Shorts:
At present, 346.28 million MARA shares are outstanding with a float of 343.61 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MARA since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.15175 being high and -$0.01167317 being low. For MARA, this leads to a yearly average estimate of $0.070039.
