Previous Close | 44.39 |
Open | 43.48 |
Bid | 44.11 x 1000 |
Ask | 44.39 x 900 |
Day's Range | 43.49 - 44.79 |
52 Week Range | 33.75 - 78.19 |
Volume | |
Avg. Volume | 11,507,213 |
Market Cap | 37.338B |
Beta (5Y Monthly) | 1.48 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.41 |
Earnings Date | Mar 01, 2023 - Mar 06, 2023 |
Forward Dividend & Yield | 0.24 (0.59%) |
Ex-Dividend Date | Oct 06, 2022 |
1y Target Est | 72.37 |
Marvell Technology (MRVL) closed the most recent trading day at $42.51, moving -0.56% from the previous trading session.
Although Marvell (NASDAQ: MRVL) might have the best long-term growth potential of all semiconductor companies, its fundamentals succumbed to the worsening economy in 2022, and the stock plunged 58%. Considering that the economy is worsening and many economists and business leaders believe the global economy is on the brink of recession, should you give this stock a pass right now, or use the decline over the past year to buy shares of an excellent company while it's down? In 2016, a new management team began transforming Marvell from a maker of hard drives, Wi-Fi devices, and multimedia solutions to a pure play on data infrastructure.
In the latest trading session, Marvell Technology (MRVL) closed at $40.49, marking a -1.32% move from the previous day.