The stock market performance of Marvell Technology Inc has been very steady. Over the last year, the company’s stock hit its highest at $85.76 on 03/07/24, while the lowest price during the same time frame was $36.90, recorded on 04/25/23.
52-week price history of MRVL Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Marvell Technology Inc’s current trading price is -22.41% away from its 52-week high, while its distance from the 52-week low is 80.33%. The stock’s price range during this period has fluctuated between $36.90 and $85.76. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 10.23 million for the day, which was evidently lower than the average daily volume of 13.9 million over the last three months.
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Financial Performance and Market Capitalization
Marvell Technology Inc (MRVL) has experienced a quarterly rise of 15.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 57.62B and boasts a workforce of 6577 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 62.65, with a change in price of +19.28. Similarly, Marvell Technology Inc recorded 12,365,498 in trading volume during the last 100 days, posting a change of +40.80%.
MRVL Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MRVL stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.30.
MRVL Stock Stochastic Average
Marvell Technology Inc’s raw stochastic average for the past 50 days is currently at 15.89%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 13.81%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.39% and 11.19%, respectively.
MRVL Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price increase of 10.33%. However, over the past six months, we’ve seen a weaker performance of 28.36%. The price of MRVL leaped by -4.77% over the last 30 days. And in the last five days, it has fallen by -0.49%.
