(VIANEWS) – Shares of Marvell Technology Group (NASDAQ: MRVL) dropped by a staggering 28.73% in 30 days from $59.7 to $42.55 at 14:14 EST on Tuesday, after five successive sessions in a row of losses. NASDAQ is rising 0.9% to $11,127.84, following the last session’s upward trend.

Marvell Technology Group’s last close was $42.55, 54.66% under its 52-week high of $93.85.


Today’s last reported volume for Marvell Technology Group is 8790141 which is 15.84% below its average volume of 10445501.

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.


Marvell Technology Group’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.12%, a negative 1.78%, and a positive 3.81%, respectively.

Marvell Technology Group’s highest amplitude of average volatility was 2.12% (last week), 3.20% (last month), and 3.81% (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 $42.55 at 14:14 EST, way below its 52-week high of $93.85 and higher than 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 below its 200-day moving average of $67.43.

More news about Marvell Technology Group (MRVL).


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