|Bid||43.42 x 3100|
|Ask||43.70 x 800|
|Day's range||42.80 - 44.47|
|52-week range||33.75 - 78.19|
|Beta (5Y monthly)||1.45|
|PE ratio (TTM)||N/A|
|Earnings date||01 Mar 2023 - 06 Mar 2023|
|Forward dividend & yield||0.24 (0.56%)|
|Ex-dividend date||05 Jan 2023|
|1y target est||62.01|
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.