Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 4.26%. However, over the last six months, the performance has been weaker by 24.05%. The price of MRVL decreased -5.57% over the last 30 days. And in the last five days, it has fallen by -7.37%.
Marvell Technology Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $85.76 on 03/07/24, while the lowest price for the same period was registered at $36.90 on 04/25/23.
52-week price history of MRVL Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Marvell Technology Inc’s current trading price is -26.68% away from its 52-week high, while its distance from the 52-week low is 70.41%. The stock’s price range during this period has varied between$36.90 and $85.76. The Marvell Technology Inc’s shares, which operate in the Technology, saw a trading volume of around 9.33 million for the day, a figure considerably lower than their average daily volume of 14.26 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Marvell Technology Inc (MRVL) has experienced a quarterly decline of -10.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.45B and boasts a workforce of 6577 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 65.97, with a change in price of +6.98. Similarly, Marvell Technology Inc recorded 13,182,017 in trading volume during the last 100 days, posting a change of +12.49%.
MRVL’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative 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
As of today, Marvell Technology Inc’s raw stochastic average for the last 50 days stands at 4.83%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 7.96%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 5.53% and 11.61%, respectively.
