Marvell Technology Inc (MRVL) Down 1.13% in Premarket Trading

Monday, June 05, 2023 08:38 AM | InvestorsObserver Analysts

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Marvell Technology Inc (MRVL) has fallen Monday morning, with the stock declining -1.13% in pre-market trading to 59.5. MRVL's short-term technical score of 85 indicates that the stock has traded more bullishly over the last month than 85% of stocks on the market. In the Semiconductors industry, which ranks 27 out of 146 industries, the stock ranks higher than 69% of stocks. Marvell Technology Inc has risen 46.89% over the past month, closing at $41.01 on May 8. During this period of time, the stock fell as low as $39.73 and as high as $67.99. MRVL has an average analyst recommendation of Strong Buy. The company has an average price target of $66.96.

MRVL has an Overall Score of 60. Find out what this means to you and get the rest of the rankings on MRVL!
Marvell Technology Inc has a Long-Term Technical rank of 91. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 9% of the market scoring higher. In the Semiconductors industry which is number 25 by this metric, MRVL ranks better than 25% of stocks.

Important Dates for Investors in MRVL:

-Marvell Technology Inc is set to release earnings on 8/23/2023. Over the last 12 months, the company has reported EPS of $2.21. -We do not have a set dividend date for Marvell Technology Inc at this time. Click Here To Get The Full Report on Marvell Technology Inc (MRVL)

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