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A Closer Look at Marvell Technology Inc (MRVL) Stock Gains

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Marvell Technology Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $85.76 on 03/07/24 and the lowest value was $46.07 on 10/31/23.

52-week price history of MRVL Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Marvell Technology Inc’s current trading price is -18.16% away from its 52-week high, while its distance from the 52-week low is 52.33%. The stock’s price range during the 52-week period has remained between $46.07 and $85.76. In the Technology sector, the company’s shares saw a trading volume of around 4.25 million for the day, which was evidently lower than the average daily volume of 11.4 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Marvell Technology Inc (MRVL) has experienced a quarterly rise of 0.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 60.79B and boasts a workforce of 6577 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 69.79, with a change in price of +0.90. Similarly, Marvell Technology Inc recorded 11,319,194 in trading volume during the last 100 days, posting a change of +1.29%.

Examining MRVL’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for MRVL stands at 0.33. Similarly, the long-term debt-to-equity ratio is also 0.31.

MRVL Stock Stochastic Average

As of today, Marvell Technology Inc’s raw stochastic average for the last 50 days stands at 67.92%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 38.53%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 46.43% and 45.87%, respectively.

MRVL Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 16.37% this year. Over the last six months, there has been a stronger performance of -0.99%. The price of MRVL fallen by 2.54% during the last 30 days period. For the last 5-days stocks have slided -5.00%.

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