(VIANEWS) – The NASDAQ ended the session with Marvell Technology Group rising 7.17% to $54.94 on Wednesday, after four consecutive sessions in a row of losses. NASDAQ rose 2.89% to $12,854.80, after three sequential sessions in a row of losses, on what was an all-around positive trend trading session today.

Volume

Today’s last reported volume for Marvell Technology Group is 11500800, 12.62% above its average volume of 10211300.

Marvell Technology Group’s last close was $51.26, 45.38% 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 overbought (>=80).

Marvell Technology Group’s Stock Yearly Top and Bottom Value

Marvell Technology Group’s stock is valued at $54.94 at 20:52 EST, way below its 52-week high of $93.85 and way above its 52-week low of $41.07.

Marvell Technology Group’s Moving Average

Marvell Technology Group’s worth is above its 50-day moving average of $51.09 and way under its 200-day moving average of $66.21.

More news about Marvell Technology Group (MRVL).

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