(VIANEWS) – The NASDAQ ended the session with Marvell Technology Group rising 7.93% to $61.22 on Thursday, after three sequential sessions in a row of losses. NASDAQ rose 3.06% to $12,871.53, after two successive sessions in a row of losses, on what was a very bullish trend trading session today.

Volume

Today’s last reported volume for Marvell Technology Group is 8606750, 18.56% below its average volume of 10568500.

Marvell Technology Group’s last close was $56.72, 39.56% below its 52-week high of $93.85.

The company’s growth estimates for the present 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 $61.22 at 19:24 EST, way under 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 below its 50-day moving average of $67.17 and way under its 200-day moving average of $68.79.

More news about Marvell Technology Group (MRVL).

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