(VIANEWS) – The NASDAQ ended the session with Marvell Technology Group rising 4.5% to $56.15 on Tuesday, after five consecutive sessions in a row of losses. NASDAQ jumped 1.65% to $11,815.23, after three successive sessions in a row of losses, on what was an all-around up trend exchanging session today.
Today’s last reported volume for Marvell Technology Group is 6474260, 38.43% below its average volume of 10516800.
Marvell Technology Group’s last close was $53.73, 42.75% under its 52-week high of $93.85.
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.
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 $56.15 at 19:08 EST, way below its 52-week high of $93.85 and way higher than its 52-week low of $40.79.
Marvell Technology Group’s Moving Average
Marvell Technology Group’s value is way below its 50-day moving average of $65.25 and way under its 200-day moving average of $68.94.
More news about Marvell Technology Group (MRVL).