(VIANEWS) – Shares of Marvell Technology Group (NASDAQ Composite: MRVL) rose 5.53% to $83.00 at 18:19 EST on Friday, after two consecutive sessions in a row of losses. NASDAQ Composite is jumping 0.05% to $14,942.83, following the last session’s downward trend. This seems, up until now, a somewhat positive trend trading session today.
Marvell Technology Group’s last close was $78.65, 16.2% below its 52-week high of $93.85.
Today’s last reported volume for Marvell Technology Group is 16685048 which is 86.39% above its average volume of 8951626.
The company’s growth estimates for the ongoing quarter and the next is 52% and 48.3%, respectively.
Marvell Technology Group’s Revenue
Year-on-year quarterly revenue growth grew by 47.9%, now sitting on 3.46B for the twelve trailing months.
Marvell Technology Group’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.76%, a negative 0.04%, and a positive 1.81%, respectively.
Marvell Technology Group’s highest amplitude of average volatility was 2.50% (last week), 2.02% (last month), and 1.81% (last quarter), respectively.
Marvell Technology Group’s Stock Yearly Top and Bottom Value
Marvell Technology Group’s stock is valued at $83.00 at 18:19 EST, way under its 52-week high of $93.85 and way above its 52-week low of $37.92.
Marvell Technology Group’s Moving Average
Marvell Technology Group’s value is way above its 50-day moving average of $71.55 and way higher than its 200-day moving average of $58.01.
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