(VIANEWS) – Shares of Marvell Technology Group (NASDAQ: MRVL) slid by a staggering 25.17% in 30 days from $60.82 to $45.51 at 13:57 EST on Tuesday, following the last session’s downward trend. NASDAQ is sliding 2.18% to $11,273.58, following the last session’s downward trend.

Marvell Technology Group’s last close was $47.65, 49.23% under its 52-week high of $93.85.


Today’s last reported volume for Marvell Technology Group is 4996489 which is 51.78% below its average volume of 10363506.

The company’s growth estimates for the present 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 positive 0.35%, a negative 1.33%, and a positive 3.81%, respectively.

Marvell Technology Group’s highest amplitude of average volatility was 1.78% (last week), 3.37% (last month), and 3.81% (last quarter), respectively.

Marvell Technology Group’s Stock Yearly Top and Bottom Value

Marvell Technology Group’s stock is valued at $45.51 at 13:57 EST, way under its 52-week high of $93.85 and above its 52-week low of $43.68.

Marvell Technology Group’s Moving Average

Marvell Technology Group’s worth is way below its 50-day moving average of $56.10 and way below its 200-day moving average of $67.86.

More news about Marvell Technology Group (MRVL).


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