Marathon Patent Group (MARA) Sees Unusually-High Trading Volume

Shares of Marathon Patent Group Inc (NASDAQ:MARA) saw unusually-high trading volume on Monday . Approximately 1,715 shares changed hands during trading, a decline of 100% from the previous session’s volume of 502,412 shares.The stock last traded at $0.53 and had previously closed at $0.51.

The company has a debt-to-equity ratio of 0.16, a current ratio of 2.61 and a quick ratio of 2.61.

Marathon Patent Group (NASDAQ:MARA) last released its quarterly earnings results on Tuesday, November 13th. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.05). The firm had revenue of $0.34 million for the quarter.

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Marathon Patent Group Company Profile (NASDAQ:MARA)

Marathon Patent Group, Inc focuses on mining digital assets. It owns cryptocurrency mining machines and a data center to mine digital assets. The company was formerly known as American Strategic Minerals Corporation and changed its name to Marathon Patent Group, Inc in February 2013. Marathon Patent Group, Inc was incorporated in 2010 and is headquartered in Las Vegas, Nevada.

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