(VIANEWS) – The NASDAQ ended the session with Marvell Technology Group (MRVL) jumping 6.41% to $46.56 on Thursday while NASDAQ jumped 2.28% to $11,621.35.

Volume

Today’s last reported volume for Marvell Technology Group is 8509560, 17.64% below its average volume of 10332500.

Marvell Technology Group’s last close was $43.82, 53.31% below its 52-week high of $93.85.

The company’s growth estimates for the ongoing 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 $46.56 at 20:23 EST, way below its 52-week high of $93.85 and way above its 52-week low of $41.75.

Marvell Technology Group’s Moving Average

Marvell Technology Group’s worth is way under its 50-day moving average of $54.31 and way under its 200-day moving average of $67.43.

More news about Marvell Technology Group (MRVL).

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