Marvell Technology Group Ltd. (NASDAQ:MRVL) went up by 2.81% from its latest closing price compared to the recent 1-year high of $55.70. The company’s stock price has collected -0.42% of loss in the last five trading sessions. Press Release reported on 02/18/21 that Marvell Storage Solutions Power Toshiba’s 18TB Cloud-Scale Capacity HDD
Is It Worth Investing in Marvell Technology Group Ltd. (NASDAQ :MRVL) Right Now?
Marvell Technology Group Ltd. (NASDAQ:MRVL) scored a price-to-earnings ratio above its average ratio, recording 24.94 x from its present earnings ratio. Plus, the 36-month beta value for MRVL is at 1.14. Opinions of the stock are interesting as 21 analysts out of 28 who provided ratings for Marvell Technology Group Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $53.46, which is $1.15 above the current price. MRVL currently public float of 665.68M and currently shorts hold a 5.51% ratio of that float. Today, the average trading volume of MRVL was 8.77M shares.
MRVL’s Market Performance
MRVL stocks went down by -0.42% for the week, with a monthly drop of -4.05% and a quarterly performance of 20.77%, while its annual performance rate touched 106.49%. The volatility ratio for the week stands at 3.94% while the volatility levels for the past 30 days are set at 3.34% for Marvell Technology Group Ltd.. The simple moving average for the period of the last 20 days is -0.18% for MRVL stocks with a simple moving average of 29.31% for the last 200 days.
Analysts’ Opinion of MRVL
Craig Hallum, on the other hand, stated in their research note that they expect to see MRVL reach a price target of $48. The rating they have provided for MRVL stocks is “Buy” according to the report published on October 30th, 2020.
KeyBanc Capital Markets gave a rating of “Overweight” to MRVL, setting the target price at $55 in the report published on October 20th of the previous year.
MRVL Trading at 5.42% from the 50-Day Moving Average
After a stumble in the market that brought MRVL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.84% of loss for the given period.
Volatility was left at 3.34%, however, over the last 30 days, the volatility rate increased by 3.94%, as shares sank -2.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.56% upper at present.
During the last 5 trading sessions, MRVL fell by -0.42%, which changed the moving average for the period of 200-days by +97.53% in comparison to the 20-day moving average, which settled at $51.90. In addition, Marvell Technology Group Ltd. saw 9.15% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at MRVL starting from MURPHY MATTHEW J, who sale 7,500 shares at the price of $53.20 back on Feb 16. After this action, MURPHY MATTHEW J now owns 282,328 shares of Marvell Technology Group Ltd., valued at $399,000 using the latest closing price.
Hu Jean X., the Chief Financial Officer of Marvell Technology Group Ltd., sale 10,000 shares at $54.10 during a trade that took place back on Feb 16, which means that Hu Jean X. is holding 89,253 shares at $541,000 based on the most recent closing price.
Stock Fundamentals for MRVL
Current profitability levels for the company are sitting at:
- -6.77 for the present operating margin
- +50.27 for the gross margin
The net margin for Marvell Technology Group Ltd. stands at +58.70. The total capital return value is set at -1.87, while invested capital returns managed to touch 16.34. Equity return is now at value 17.40, with 13.50 for asset returns.
Based on Marvell Technology Group Ltd. (MRVL), the company’s capital structure generated 20.31 points at debt to equity in total, while total debt to capital is 16.88. Total debt to assets is 15.84, with long-term debt to equity ratio resting at 19.16. Finally, the long-term debt to capital ratio is 15.92.
When we switch over and look at the enterprise to sales, we see a ratio of 6.43, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 5.48 and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.16.