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MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.
Mara Holdings trades on the NASDAQ stock market under the symbol MARA.
As of November 18, 2024, MARA stock price declined to $18.10 with 113,197,085 million shares trading.
MARA has a beta of 2.89, meaning it tends to be more sensitive to market movements. MARA has a correlation of 0.13 to the broad based SPY ETF.
MARA has a market cap of $5.33 billion. This is considered a Mid Cap stock.
Last quarter Mara Holdings reported $132 million in Revenue and -$.32 earnings per share. This fell short of revenue expectation by $-20 million and missed earnings estimates by -$.07.
In the last 3 years, MARA traded as high as $57.70 and as low as $3.11.
The top ETF exchange traded funds that MARA belongs to (by Net Assets): IJR, IWM, VTI, VB, VGT.
MARA has outperformed the market in the last year with a price return of +76.8% while the SPY ETF gained +32.4%. MARA has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +17.1% and +12.4%, respectively, while the SPY returned +6.7% and +3.0%, respectively.
MARA support price is $19.88 and resistance is $22.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MARA shares will trade within this expected range on the day.