(VIANEWS) – Shares of Marvell Technology Group (NASDAQ: MRVL) rose by a staggering 23.44% in 14 days from $60.25 to $74.37 at 10:46 EST on Monday, after four sequential sessions in a row of gains. NASDAQ is dropping 0.16% to $14,169.30, following the last session’s downward trend.
Marvell Technology Group’s last close was $74.37, 20.76% under its 52-week high of $93.85.
Today’s last reported volume for Marvell Technology Group is 10997836 which is 5.05% below its average volume of 11583783.
The company’s growth estimates for the ongoing 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.
Marvell Technology Group’s last week, last month’s, and last quarter’s current intraday variation average was 1.36%, 0.28%, and 3.29%, respectively.
Marvell Technology Group’s highest amplitude of average volatility was 3.38% (last week), 3.41% (last month), and 3.29% (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 $74.37 at 10:46 EST, way below 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 above its 50-day moving average of $69.75 and above its 200-day moving average of $67.82.
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