Marvell Technology Group (MRVL) Stock Increases 18.67% This Month: What’s Next?

 

Marvell Technology Group Ltd. (MRVL) stock is up more than 18% over the past 30 days, and up 9.79% over the last 12 months The average rating from Wall Street analysts is a Strong Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives MRVL stock a score of 74 out of a possible 100.

That score is primarily influenced by a short-term technical score of 98. MRVL’s score also includes a long-term technical score of 83. The fundamental score for MRVL is 40. In addition to the average rating from Wall Street analysts, MRVL stock has a mean target price of $23.79. This means analysts expect the stock to decrease 0.42% over the next 12 months.

Click Here to get the full Stock Score Report on Marvell Technology Group Ltd. (MRVL).

What’s Happening with MRVL Stock Today

Marvell Technology Group Ltd. (MRVL) stock is higher by 0.61% while the S&P 500 is lower by -0.27% as of 12:56 PM on Monday, Apr 15. MRVL is up $0.15 from the previous closing price of $23.74 on volume of 12,202,039 shares. Over the past year the S&P 500 is up 8.28% while MRVL is up 9.79%. MRVL lost -$0.21 per share in the over the last 12 months.

Symbols: MRVL

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