Taking a Fresh Look at Marathon Patent Group, Inc. (MARA)

Marathon Patent Group, Inc. (MARA) is an interesting player in the Services space, with a focus on Business Services. The stock has been active on the tape, currently trading at $0.38, down from yesterday’s close by -3.74%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. Marathon Patent Group, Inc. (MARA) currently trades with a market capitalization of $11.23 Million.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For MARA, the company currently has $1.1 Million of cash on the books, which is offset by $5.62 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-10.81 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0 on a per share basis this quarter. Perhaps, that suggests something about why 15.65% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Marathon Patent Group, Inc. recorded a 52-week high of $2.61. It is now trading 2.23% off that level. The stock is trading $0.37 its 50-day moving average by -0.01%. The stock carved out a 52-week low down at $0.13.

In recent action, Marathon Patent Group, Inc. (MARA) has made a move of unch over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.52, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 9.93% with $20.96 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MARA.

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