In a filing, MARA Holdings Inc. revealed its Director MELLINGER DOUGLAS K acquired Company’s shares for reported $16000.0 on Sep 12 ’24. In the deal valued at $16.00 per share,1,000 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, MELLINGER DOUGLAS K sold 1,000 shares, generating $16,050 in total proceeds. Upon selling the shares at $16.05, the Director now owns 142,756 shares.
Before that, MELLINGER DOUGLAS K bought 1,000 shares. MARA Holdings Inc. shares valued at $16,050 were divested by the Director at a price of $16.05 per share.
BTIG Research upgraded its MARA Holdings Inc. [MARA] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in late October with a ‘”a Mkt perform”‘ rating. JP Morgan began covering MARA with “an Underweight” recommendation on October 11, 2023. Needham started covering the stock on October 02, 2023. It rated MARA as “a Hold”.
Price Performance Review of MARA
On Friday, MARA Holdings Inc. [NASDAQ:MARA] saw its stock jump 2.03% to $16.12. Over the last five days, the stock has gained 20.57%. MARA Holdings Inc. shares have fallen nearly -31.38% since the year began. Nevertheless, the stocks have risen 62.99% over the past one year. While a 52-week high of $34.09 was reached on 02/28/24, a 52-week low of $7.16 was recorded on 09/06/24. SMA at 50 days reached $18.33, while 200 days put it at $19.74.
Levels Of Support And Resistance For MARA Stock
The 24-hour chart illustrates a support level at 15.61, which if violated will result in even more drops to 15.11. On the upside, there is a resistance level at 16.67. A further resistance level may holdings at 17.23. The Relative Strength Index (RSI) on the 14-day chart is 47.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.93%. Stochastics %K at 48.25% indicates the stock is a holding.
How much short interest is there in MARA Holdings Inc.?
A steep rise in short interest was recorded in MARA Holdings Inc. stocks on 2024-08-30, growing by 11.09 million shares to a total of 81.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 69.92 million shares. There was a rise of 13.69%, which implies that there is a positive sentiment for the stock.
