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Is Marvell Technology Group Ltd. (MRVL) Stock a Good Buy?

Tuesday, November 12, 2019 10:25 AM | InvestorsObserver Analysts

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Is Marvell Technology Group Ltd. (MRVL) Stock a Good Buy?

Marvell Technology Group Ltd. (MRVL) stock is up 77.90% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary scoring system, gives MRVL stock a score of 43 out of a possible 100.

That score is chiefly influenced by a fundamental score of 1. In addition to the average rating from Wall Street analysts, MRVL stock has a mean target price of $27.42. This means analysts expect the stock to decrease 2.39% over the next 12 months. MRVL's score also includes a long-term technical score of 49. The short-term technical score for MRVL is 80.

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

What's Happening with MRVL Stock Today

Marvell Technology Group Ltd. (MRVL) stock is higher by 4.23% while the S&P 500 is up 0.38% as of 10:11 AM on Tuesday, Nov 12. MRVL is up $1.14 from the previous closing price of $26.95 on volume of 1,768,108 shares. Over the past year the S&P 500 has risen 13.66% while MRVL is up 77.90%. MRVL lost -$0.30 per share in the over the last 12 months.

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