In terms of market performance, Marvell Technology Inc had a somewhat regular. The highest value for the stock in the past year was $85.76 on 03/07/24, while the lowest value was $46.07 on 10/31/23.
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 -15.90% away from its 52-week high, while its distance from the 52-week low is 56.54%. The stock’s price range during this period has fluctuated between $46.07 and $85.76. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 8.97 million for the day, which was evidently lower than the average daily volume of 11.5 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 1.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 62.47B 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 69.83, with a change in price of +3.44. Similarly, Marvell Technology Inc recorded 11,433,319 in trading volume during the last 100 days, posting a change of +5.01%.
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 0.33. Similarly, the long-term debt-to-equity ratio is also 0.31.
MRVL Stock Stochastic Average
The raw stochastic average for Marvell Technology Inc over the last 50 days is presently at 73.34%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 62.86%. Further, the company’s Stochastic %K and %D values for the last 20 days were 54.06% and 49.59%, respectively.
MRVL Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 19.58%.However, over the last six months, we can see a stronger performance of -1.48%. Over the last 30 days, the price of MRVL has fallen by 3.26%. And in the last five days, it has surged by 0.43%.
