Stocks of MARA Holdings Inc (NASDAQ:MARA) traded higher last session on Wall Street, down -2.03% to $14.01.
MARA stock price is now 5.26% away from the 50-day moving average and -20.05% away from the 200-day moving average. The market capitalization of the company currently stands at $4.84B.
With the price target of $19, Rosenblatt recently initiated with Buy rating for MARA Holdings Inc (NASDAQ: MARA). On December 17, 2024, Piper Sandler recently initiated its ‘Overweight’ rating on the stock quoting a target price of $34, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Khan Salman Hassan, Chief Financial Officer sold 16,700 shares of the company’s stock on Mar 03 ’25. The stock was sold for $255,677 at an average price of $15.31. Upon completion of the transaction, the Chief Financial Officer now directly owns 1,773,788 shares in the company, valued at $24.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Officer Khan Salman Hassan bought 16,700 shares of the business’s stock. A total of $255,677 was incurred on buying the stock at an average price of $15.31. A total of 2.39% of the company’s stock is owned by insiders.
During the past 12 months, MARA Holdings Inc has had a low of $9.81 and a high of $30.28. As of last week, the company has a debt-to-equity ratio of 0.60, a current ratio of 4.94, and a quick ratio of 4.94. The fifty day moving average price for MARA is $13.3094 and a two-hundred day moving average price translates $17.52305 for the stock.
The latest earnings results from MARA Holdings Inc (NASDAQ: MARA) was released for 2024-12-31. The net profit margin was 82.46% and return on equity was 18.84% for MARA. The company reported revenue of $214.39 million for the quarter, compared to $156.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.76 percent.
