Marathon Patent Group, Inc. (NASDAQ:MARA) gapped down before the market opened on Monday . The stock had previously closed at $0.40, but opened at $0.43. Marathon Patent Group shares last traded at $0.43, with a volume of 655,114 shares traded.

The company’s market cap is $10.92 million. The company has a 50 day moving average of $0.37 and a 200 day moving average of $0.43.

Marathon Patent Group (NASDAQ:MARA) last released its quarterly earnings results on Monday, August 14th. The business services provider reported ($0.09) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.05. The company had revenue of $0.37 million for the quarter, compared to analysts’ expectations of $0.50 million. Marathon Patent Group had a negative return on equity of 1,139.06% and a negative net margin of 5,770.02%. Equities research analysts predict that Marathon Patent Group, Inc. will post $0.11 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This article was first reported by Daily Political and is the property of of Daily Political. If you are accessing this article on another domain, it was illegally copied and reposted in violation of U.S. & international copyright & trademark law. The legal version of this article can be viewed at

About Marathon Patent Group

Marathon Patent Group Inc (MARA) is engaged in acquiring patents and patent rights from owners or other ventures. The Company monetizes its portfolio of patents and patent rights by entering into license discussions. The Company owns around 378 United States and foreign patents, and patent rights across a range of technologies and markets.

Receive News & Ratings for Marathon Patent Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marathon Patent Group Inc. and related companies with's FREE daily email newsletter.