(VIANEWS) – Shares of Marvell Technology Group (NASDAQ: MRVL) jumped by a staggering 12.05% to $60.82 at 10:18 EST on Monday, after five consecutive sessions in a row of gains. NASDAQ is jumping 3.33% to $12,131.13, after three sequential sessions in a row of gains. This seems, up to now, a very bullish trend trading session today.
Marvell Technology Group’s last close was $60.82, 35.19% below its 52-week high of $93.85.
Volume
Today’s last reported volume for Marvell Technology Group is 22143049 which is 106.2% above its average volume of 10738185.
The company’s growth estimates for the current 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.
Volatility
Marvell Technology Group’s last week, last month’s, and last quarter’s current intraday variation average was 2.08%, 0.21%, and 3.69%, respectively.
Marvell Technology Group’s highest amplitude of average volatility was 4.76% (last week), 4.37% (last month), and 3.69% (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 oversold (<=20).
Marvell Technology Group’s Stock Yearly Top and Bottom Value
Marvell Technology Group’s stock is valued at $60.82 at 10:18 EST, way below its 52-week high of $93.85 and way higher than its 52-week low of $46.77.
Marvell Technology Group’s Moving Average
Marvell Technology Group’s worth is under its 50-day moving average of $62.13 and way below its 200-day moving average of $68.57.
More news about Marvell Technology Group (MRVL).
