Marvell Technology Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $95.09 on 11/08/24, while the lowest value for the same period was recorded at $50.35 on 12/06/23.
52-week price history of MRVL Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Marvell Technology Inc’s current trading price is -2.99% away from its 52-week high, while its distance from the 52-week low is 83.22%. The stock’s price range during this period has spanned from $50.35 to $95.09. In the Technology sector, the Marvell Technology Inc’s shares surpassed a trading volume of approximately 10.59 million for the day, which was noticeably lower compared to the average daily volume of 9.11.18 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 44.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 79.79B 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 72.57, with a change in price of +19.01. Similarly, Marvell Technology Inc recorded 11,155,793 in trading volume during the last 100 days, posting a change of +25.96%.
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
Today’s raw stochastic average for Marvell Technology Inc over the last 50 days is 90.39%.This indicates a increase from the raw stochastic average of the past 20 days, which was 83.41%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 92.18% and 94.84%, respectively.
MRVL Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 52.96%.However, over the last six months, we can see a weaker performance of 33.66%. Over the last 30 days, the price of MRVL has fallen by 24.65%. And in the last five days, it has surged by 9.33%.
