Marvell Technology Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $126.15 on 12/16/24, and the lowest price during the same period was recorded at $53.19 on 08/05/24.
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 -11.49% away from its 52-week high, while its distance from the 52-week low is 109.93%. The stock’s price range during this period has fluctuated between $53.19 and $126.15. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 6.2 million for the day, which was evidently lower than the average daily volume of 13.06 million over the last three months.
Financial Performance and Market Capitalization
Marvell Technology Inc (MRVL) has experienced a quarterly rise of 54.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 94.87B 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 84.24, with a change in price of +55.51. Similarly, Marvell Technology Inc recorded 12,548,419 in trading volume during the last 100 days, posting a change of +98.86%.
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
Marvell Technology Inc’s raw stochastic average for the past 50 days is currently at 69.24%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 54.07%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 63.88% and 69.07%, 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. This year’s metric has recorded a Price increase of 85.14%. However, over the past six months, we’ve seen a weaker performance of 57.27%. The price of MRVL fallen by 23.93% over the last 30 days. And in the last five days, it has fallen by -0.21%.
