Marvell Technology Inc (NASDAQ: MRVL) on Monday, soared 1.97% from the previous trading day, before settling in for the closing price of $110.62. Within the past 52 weeks, MRVL’s price has moved between $53.19 and $127.48.
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Technology Sector giant saw their annual sales surged by 21.50% over the last five years. The company achieved an average annual earnings per share of 3.18%. With a float of $854.57 million, this company’s outstanding shares have now reached $865.20 million.
The firm has a total of 6577 workers. Let’s measure their productivity. In terms of profitability, gross margin is 39.6%, operating margin of -17.76%, and the pretax margin is -21.98%.
Marvell Technology Inc (MRVL) Insider Activity
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Marvell Technology Inc is 1.24%, while institutional ownership is 84.45%. The most recent insider transaction that took place on Jan 22 ’25, was worth 746,400. In this transaction EVP, Chief Operations Officer of this company sold 6,000 shares at a rate of $124.40, taking the stock ownership to the 93,931 shares. Before that another transaction happened on Jan 22 ’25, when Company’s Officer proposed sale 6,000 for $124.40, making the entire transaction worth $746,400.
Marvell Technology Inc (MRVL) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.75% during the next five years compared to -29.04% drop over the previous five years of trading.
Marvell Technology Inc (NASDAQ: MRVL) Trading Performance Indicators
Marvell Technology Inc (MRVL) is currently performing well based on its current performance indicators. A quick ratio of 1.11 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.15. Likewise, its price to free cash flow for the trailing twelve months is 68.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.71, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 2.79 in one year’s time.
Technical Analysis of Marvell Technology Inc (MRVL)
Analysing the last 5-days average volume posted by the [Marvell Technology Inc, MRVL], we can find that recorded value of 13.93 million was better than the volume posted last year of 13.38 million. As of the previous 9 days, the stock’s Stochastic %D was 66.39%. Additionally, its Average True Range was 6.12.
During the past 100 days, Marvell Technology Inc’s (MRVL) raw stochastic average was set at 74.47%, which indicates a significant increase from 47.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.58% in the past 14 days, which was higher than the 67.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $112.34, while its 200-day Moving Average is $83.01. Now, the first resistance to watch is $113.89. This is followed by the second major resistance level at $114.99. The third major resistance level sits at $116.43. If the price goes on to break the first support level at $111.35, it is likely to go to the next support level at $109.91. Should the price break the second support level, the third support level stands at $108.81.
Marvell Technology Inc (NASDAQ: MRVL) Key Stats
Market capitalization of the company is 97.61 billion based on 865,300K outstanding shares. Right now, sales total 5,508 M and income totals -933,400 K. The company made 1,516 M in profit during its latest quarter, and -676,300 K in sales during its previous quarter.
