Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Marvell Technology Inc’s current trading price is -14.40% away from its 52-week high, while its distance from the 52-week low is 59.34%. The stock’s price range during this period has varied between $46.07 and $85.76. The company, active in the Technology sector, saw a trading volume of around 10.25 million for the day, considerably lower average daily volume of 11.46 million observed over the last three months.
Marvell Technology Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $85.76 on 03/07/24, and the lowest price during that time was $46.07, recorded on 10/31/23.
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How Financial Performance Impacts Market Capitalization
Marvell Technology Inc (MRVL) has experienced a quarterly decline of -2.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 63.59B and boasts a workforce of 6577 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 69.98, with a change in price of +4.39. Similarly, Marvell Technology Inc recorded 11,516,946 in trading volume during the last 100 days, posting a change of +6.36%.
How MRVL’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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
As of today, the raw stochastic average of Marvell Technology Inc over the past 50 days is 78.34%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 69.37%. Additionally, the Stochastic %K and %D values for the company were 65.15% and 59.74%, respectively, over the past 20 days.
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. This year’s metric has recorded a Price increase of 21.72%. However, over the past six months, we’ve seen a weaker performance of 1.05%. The price of MRVL fallen by 5.04% over the last 30 days. And in the last five days, it has surged by 3.41%.
