(VIANEWS) – Shares of Marvell Technology Group (NASDAQ: MRVL) fell by a staggering 16.5% in 7 days from $72.84 to $60.82 at 14:26 EST on Monday, after five successive sessions in a row of losses. NASDAQ is falling 1.42% to $13,515.71, following the last session’s downward trend.

Marvell Technology Group’s last close was $63.15, 32.71% under its 52-week high of $93.85.


Today’s last reported volume for Marvell Technology Group is 6787727 which is 41.6% below its average volume of 11623191.

The company’s growth estimates for the ongoing quarter and the next is 65.5% and 72.4%, respectively.

Marvell Technology Group’s Revenue

Year-on-year quarterly revenue growth grew by 61.5%, now sitting on 3.92B for the twelve trailing months.


Marvell Technology Group’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.34%, a negative 0.24%, and a positive 3.40%, respectively.

Marvell Technology Group’s highest amplitude of average volatility was 3.34% (last week), 2.90% (last month), and 3.40% (last quarter), respectively.

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 $60.82 at 14:26 EST, way below its 52-week high of $93.85 and way above its 52-week low of $40.79.

Marvell Technology Group’s Moving Average

Marvell Technology Group’s value is way under its 50-day moving average of $69.13 and way under its 200-day moving average of $68.62.

More news about Marvell Technology Group (MRVL).


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