The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Marvell Technology Inc’s current trading price is -41.60% away from its 52-week high, while its distance from the 52-week low is 58.12%. The stock’s price range for this period has been between $47.08 and $127.48 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 28.8 million for the day, a number notably higher than the average daily volume of 20.8 million over the last three months.
Marvell Technology Inc (MRVL) stock is currently valued at $74.45. During the last session, the stock experienced a remarkable rise, reaching $133.0 after opening at $74.45. The stock briefly dropped to $64.31 before ultimately closing at $80.37.
Marvell Technology Inc ‘s stock market performance has been somewhat erratic.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Marvell Technology Inc (MRVL) has experienced a quarterly rise of 22.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 64.19B and boasts a workforce of 7042 employees.
Marvell Technology Inc: What Analysts Are Saying
As of right now, 27 analysts are rating Marvell Technology Inc as a BUY, 8 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 65.99, with a change in price of +8.78. Similarly, Marvell Technology Inc recorded 19,931,563 in trading volume during the last 100 days, posting a change of +13.37%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MRVL stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.26.
MRVL Stock Stochastic Average
As of today, Marvell Technology Inc’s raw stochastic average for the last 50 days stands at 59.41%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 37.35%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 62.85% and 71.22%, respectively.
MRVL Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 18.55%. However, over the last six months, the performance has been stronger by -32.52%. The price of MRVL increased 0.27% over the last 30 days. And in the last five days, it has surged by 0.32%.
