(VIANEWS) – The NASDAQ ended the session with Marvell Technology Group (MRVL) jumping 7.12% to $52.08 on Tuesday while NASDAQ jumped 3.11% to $11,713.15.

Volume

Today’s last reported volume for Marvell Technology Group is 11501900, 12.4% above its average volume of 10232200.

Marvell Technology Group’s last close was $48.62, 48.19% below its 52-week high of $93.85.

The company’s growth estimates for the present quarter and the next is 75.9% and 61.8%, respectively.

Marvell Technology Group’s Revenue

Year-on-year quarterly revenue growth grew by 68.3%, now sitting on 4.46B for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Marvell Technology Group’s stock is considered to be oversold (<=20).

Marvell Technology Group’s Stock Yearly Top and Bottom Value

Marvell Technology Group’s stock is valued at $52.08 at 22:08 EST, way below its 52-week high of $93.85 and way higher than its 52-week low of $41.07.

Marvell Technology Group’s Moving Average

Marvell Technology Group’s value is higher than its 50-day moving average of $51.90 and way under its 200-day moving average of $66.69.

More news about Marvell Technology Group (MRVL).

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