(VIANEWS) – The NASDAQ ended the session with Marvell Technology Group jumping 5.19% to $63.25 on Wednesday, after five successive sessions in a row of losses. NASDAQ rose 2.03% to $13,643.59, after three consecutive sessions in a row of losses, on what was an all-around positive trend trading session today.
Today’s last reported volume for Marvell Technology Group is 8108060, 30.14% below its average volume of 11607600.
Marvell Technology Group’s last close was $60.13, 35.93% 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 $63.25 at 19:06 EST, way below its 52-week high of $93.85 and way above its 52-week low of $40.79.
Marvell Technology Group’s Moving Average
Marvell Technology Group’s worth is under its 50-day moving average of $69.13 and below its 200-day moving average of $68.62.
More news about Marvell Technology Group (MRVL).