(VIANEWS) – The NASDAQ opens in less than one hour and Marvell Technology Group‘s pre-market value is already 4.54% up.
Marvell Technology Group’s last close was $68.26, 20.41% below its 52-week high of $85.76.
The last session, NASDAQ finished with Marvell Technology Group (MRVL) jumping 3.24% to $68.26. NASDAQ dropped 0.42% to $16,315.70, after two consecutive sessions in a row of losses, on what was a somewhat bearish trend trading session.
About Marvell Technology Group
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits. The company also provides electro-optical products, including pulse amplitude modulations, coherent digital signal processors, laser drivers, trans-impedance amplifiers, silicon photonics, and data center interconnect solutions; fibre channel products comprising host bus adapters and controllers; storage controllers for hard disk drives and solid-state-drives; and host system interfaces, including serial attached SCSI, serial advanced technology attachment, peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics. It has operations in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.
Earnings Per Share
As for profitability, Marvell Technology Group has a trailing twelve months EPS of $-1.08.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -6.13%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 29% and 36.4%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 4, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 0.32%.
Volume
Today’s last reported volume for Marvell Technology Group is 13383303 which is 10.19% below its average volume of 14094300.
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