MARA Holdings Inc (NASDAQ: MARA)’s stock price has gone decline by -0.47 in comparison to its previous close of 24.18, however, the company has experienced a 14.22% increase in its stock price over the last five trading days. fool.com reported 2024-11-21 that Why Crypto Stocks Were Crushing the Market on Thursday
Is It Worth Investing in MARA Holdings Inc (NASDAQ: MARA) Right Now?
The price-to-earnings ratio for MARA Holdings Inc (NASDAQ: MARA) is 22.28x, which is above its average ratio. Moreover, the 36-month beta value for MARA is 5.60. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 1 as “sell.”
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The public float for MARA is 313.49M and currently, short sellers hold a 22.47% of that float. On November 22, 2024, MARA’s average trading volume was 46.63M shares.
MARA’s Market Performance
MARA stock saw an increase of 14.22% in the past week, with a monthly gain of 32.09% and a quarterly increase of 29.67%. The volatility ratio for the week is 13.58%, and the volatility levels for the last 30 days are 10.24% for MARA Holdings Inc (MARA). The simple moving average for the last 20 days is 19.94% for MARA’s stock, with a simple moving average of 24.00% for the last 200 days.
Analysts’ Opinion of MARA
Many brokerage firms have already submitted their reports for MARA stocks, with Compass Point repeating the rating for MARA by listing it as a “Neutral.” The predicted price for MARA in the upcoming period, according to Compass Point is $25 based on the research report published on November 21, 2024 of the current year 2024.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see MARA reach a price target of $21. The rating they have provided for MARA stocks is “Overweight” according to the report published on October 10th, 2024.
Macquarie gave a rating of “Outperform” to MARA, setting the target price at $22 in the report published on September 25th of the current year.
MARA Trading at 33.77% from the 50-Day Moving Average
After a stumble in the market that brought MARA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.40% of loss for the given period.
Volatility was left at 10.24%, however, over the last 30 days, the volatility rate increased by 13.58%, as shares surge +42.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.62% upper at present.
During the last 5 trading sessions, MARA rose by +15.23%, which changed the moving average for the period of 200-days by +12.51% in comparison to the 20-day moving average, which settled at $20.08. In addition, MARA Holdings Inc saw 2.45% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MARA starting from Khan Salman Hassan, who sale 16,700 shares at the price of $19.80 back on Nov 18 ’24. After this action, Khan Salman Hassan now owns 2,029,647 shares of MARA Holdings Inc, valued at $330,660 using the latest closing price.
Thiel Frederick G, the Chief Executive Officer of MARA Holdings Inc, sale 27,505 shares at $19.80 during a trade that took place back on Nov 18 ’24, which means that Thiel Frederick G is holding 4,155,595 shares at $544,599 based on the most recent closing price.
Stock Fundamentals for MARA
Current profitability levels for the company are sitting at:
- -0.86 for the present operating margin
- -0.17 for the gross margin
The net margin for MARA Holdings Inc stands at 0.39. The total capital return value is set at -0.16. Equity return is now at value 12.19, with 9.51 for asset returns.
Based on MARA Holdings Inc (MARA), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -0.47. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is -83.31.
Currently, EBITDA for the company is 400.42 million with net debt to EBITDA at 1.41. When we switch over and look at the enterprise to sales, we see a ratio of 13.87. The receivables turnover for the company is 214.45for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.00.
Conclusion
To wrap up, the performance of MARA Holdings Inc (MARA) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
