Should You Sell Marvell Technology Inc (MRVL) Stock Friday Morning?

Marvell Technology Inc (MRVL) is down Friday morning, with the stock losing -1.56% in pre-market trading to 41.62. MRVL's short-term technical score of 57 indicates that the stock has traded more bullishly over the last month than 57% of stocks on the market. In the Semiconductors industry, which ranks 80 out of 146 industries, the stock ranks higher than 57% of stocks. Marvell Technology Inc has fallen 0.75% over the past month, closing at $43.85 on February 24. During this period of time, the stock fell as low as $37.62 and as high as $46.60. MRVL has an average analyst recommendation of Strong Buy. The company has an average price target of $58.83.

MRVL has an Overall Score of 42. Find out what this means to you and get the rest of the rankings on MRVL!

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Marvell Technology Inc has a Long-Term Technical rank of 58. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 42% of the market scoring higher. In the Semiconductors industry which is number 12 by this metric, MRVL ranks better than 12% of stocks.

Important Dates for Investors in MRVL:

-Marvell Technology Inc is set to release earnings on 5/31/2023. Over the last 12 months, the company has reported EPS of $-0.19. -Marvell Technology Inc has a dividend yield of 59.76% with their ex-dividend date set for 4/5/2023. Click Here To Get The Full Report on Marvell Technology Inc (MRVL)