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How to Buy Marathon Digital Holdings Stock

Marathon Digital Holdings Inc

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States.

Marathon Digital Holdings stock last closed at $19.02, up 0.69% from the previous day, and has increased 9.37% in one year. It has underperformed other stocks in the Capital Markets industry by 0.2 percentage points. Marathon Digital Holdings stock is currently +165.64% from its 52-week low of $7.16, and -44.21% from its 52-week high of $34.09.

As of Jul 11, 2024, there are 272.96M MARA shares outstanding. The market capitalization of MARA is $5.19B. In the last 24 hours, 40.34M MARA shares were traded.

How to Buy Marathon Digital Holdings Stock

Wondering how to invest in Marathon Digital Holdings stock? Here's how.
  1. Figure out where to buy Marathon Digital Holdings stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Marathon Digital Holdings stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Pick your payment method and add your info.
  4. Analyze Marathon Digital Holdings stock: The Marathon Digital Holdings ticker symbol is MARA. Is Marathon Digital Holdings stock a good investment? Should you buy shares of MARA? How do MARA's underlying business fundamentals look? Do top analysts think Marathon Digital Holdings is a good buy? Why has MARA's stock price moved recently? (Hint: Our stock market research website can help you decide if MARA is a good stock to buy).
  5. Execute your MARA trade: Decide if you will purchase MARA shares at the current market price or use a limit order to buy MARA stock at a specific price.
  6. Track your MARA position: Create a watchlist to the latest updates on your investment in Marathon Digital Holdings shares.

Step 1: Figure out where to buy Marathon Digital Holdings stock

You will need a brokerage account in order to access the NASDAQ market and buy MARA shares.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to buy MARA stock today.

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Step 3: Put funds into your brokerage account

Now that you have finished signing up on one of the best stock trading apps, you can securely and quickly fund your account:

Check out this video walkthrough to see the process of transferring funds into your investment account.

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Step 4: Analyze Marathon Digital Holdings stock

After you have chosen the best place to buy Marathon Digital Holdings stock, it's crucial to evaluate their stock prior to buying, so you can understand the risk and upside.

Marathon Digital Holdings Numbers

MARA Price
$19.02
1w %
-5.7%
1y %
9.37%
5y %
670.04%
P/E
6.97x
P/B
2.1x
P/S
9.82x
PEG
N/A
Revenue
$501.57M
Earnings
$603.46M
Fore. Rev. Growth
30.46%
Fore. Earn. Growth
-33.61%
Market Cap
$5.19B
Next Earnings
Aug 6, 2024
Next Dividend
N/A

MARA Overview

WallStreetZen was created to help everyday investors do better fundamental analysis quickly.

You can see all of the due diligence checks on MARA's stock page.

Is MARA stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge MARA's intrinsic value.

Using relative valuations ratios:

  • MARA may be undervalued based on its P/E ratio of 6.97x, relative to Capital Markets industry P/E ratio of 15.69x
  • MARA may be overvalued based on its P/B ratio of 2.1x, relative to Capital Markets industry P/B ratio of 1.98x

You can access more valuation research on MARA's stock here.

MARA Financials at a glance

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the MARA balance sheet.
  • Total MARA debt is lower than 5 years ago, relative to shareholder equity.
  • MARA has cash burn of 394608000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the MARA balance sheet.
  • MARA has a low debt to equity ratio of 0.19.
  • MARA has $1.60B in cash and short term investments. This is enough to cover its annual cash burn of $394.61M.
  • MARA profit margin has gone up from -476.3% to 120.3% in the past year.

Do Wall Street analysts think it's a good time to buy MARA stock

Out of 5 sell side analysts who give forecasts on MARA, the consensus analyst rating on Marathon Digital Holdings is a Hold

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Marathon Digital Holdings stock forecast page.

MARA Technicals

SMA10
20.18
SMA20
19.95
SMA50
19.71
SMA100
20.29
SMA200
17.64
MACD
-0.09
MACD Signal
0.09
MACD Histogram
-0.18
RSI
44.8
Stochastic %K
13.23
Stochastic %D
18.63
StochRSI %K
3.73
StochRSI %D
9.32

Is MARA Growing Revenue?

Last year, MARA earnings were $603.46M. In the past three year, MARA's earnings have increased by 131.04% per year. This was faster than the Capital Markets industry average of 8.21%.

Last year, MARA revenue was $501.57M. Over the last five year, MARA's revenue has gone up by 217.56% per year. This was faster than the Capital Markets industry average of 15.57%.

Dig into MARA's earnings and revenue performance here.

Are MARA executives and large shareholders buying or selling the stock?

In the last year, insiders at MARA have sold more shares than they have bought.

Said Ouissal, Director of MARA, was the latest MARA insider to sell. They sold $209,448.50 worth of MARA shares on Jun 12, 2024.

Research more about who owns MARA stock here.

Can I rely on MARA as an income stream?

No, Marathon Digital Holdings doesn't provide an income stream by paying out dividends.

Get analysis from other investors

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your MARA trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.

Hit the Open Trade button and your broker will execute your order.

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Step 6: Track your MARA position

Now that you own some MARA shares, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to get notified of important updates regarding your MARA stock.

MARA Feed

How to Buy Stock in Marathon Digital Holdings

To summarize, here are the 6 steps for buying Marathon Digital Holdings stock:

  1. Figure out where to buy Marathon Digital Holdings stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Marathon Digital Holdings stock
  5. Execute your MARA trade
  6. Track your MARA position

If you need a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Marathon Digital Holdings, add MARA to your watchlist below.

NASDAQ: MARA
$19.02+0.13 (+0.69%)
Updated Jul 11, 2024
Open eToro Account
NASDAQ: MARA
$19.02+0.13 (+0.69%)
Updated Jul 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Marathon Digital Holdings share?

As of Jul 11, 2024, it costs $19.02 to buy one share of Marathon Digital Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.473 shares of MARA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Marathon Digital Holdings stock?

According to 5 Wall Street analysts who monitor Marathon Digital Holdings, their consensus recommendation is to hold Marathon Digital Holdings stock.

What is the best way to buy Marathon Digital Holdings stock?

One way to place an order for Marathon Digital Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.