Marvell Technology Group Ltd. (NASDAQ:MRVL) PEG Ratio At 1.640

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Market experts has given a mean price target of $13.470 to Marvell Technology Group Ltd. (NASDAQ:MRVL) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.130 for the near-term quarter and $0.440 for this year.

Technical View

The technical assessment of Marvell Technology Group Ltd. pinpoints that the 50-day moving average of Marvell Technology Group Ltd. (NASDAQ:MRVL) stock is $12.164, and is trading $0.801 points away or +6.582% from 50-day moving average of $12.164. It is trading $2.288 or +21.429% off 200-day MA of $10.677.

The 52-week high of Marvell Technology Group Ltd. (NASDAQ:MRVL) was $13.060 while $7.400 is the low point in the same period. Marvell Technology Group Ltd. share price has to rise more than $-0.095 to register a high for 52-weeks or drop +75.203% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

Marvell Technology Group Ltd. (NASDAQ:MRVL) P/E ratio is N/A while PEG ratio is at 1.640. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

Marvell Technology Group Ltd. stock recorded a close of $12.965 in last trading session, which brings it market cap to $6.63B.

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