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Marvell Technology Group Stock Impressive Rise 32% So Far On Monday, Outperforms Market

(VIANEWS) – Shares of Marvell Technology Group (NASDAQ: MRVL) jumped by a staggering 32.42% to $65.51 at 11:24 EST on Monday, after two consecutive sessions in a row of gains. NASDAQ is rising 2.19% to $12,975.69, after two successive sessions in a row of gains. This seems, up to now, an all-around bullish trend exchanging session today.

Marvell Technology Group’s last close was $65.51, 0.37% under its 52-week high of $65.75.

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, 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; custom application specific integrated circuits; and System-on-a-Chip solutions. 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; single or multiple core processors; 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 $-0.25.

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 -1.08%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Marvell Technology Group’s EBITDA is 108.59.

Yearly Top and Bottom Value

Marvell Technology Group’s stock is valued at $65.51 at 11:24 EST, below its 52-week high of $65.75 and way above its 52-week low of $33.75.

More news about Marvell Technology Group (MRVL).

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