Top 4 Stocks About to Reach Their 52-Week High

A 52-week high is a technical indicator used by some of the world's top traders and investors to determine the current and future value of a stock. In this report we reveal today's top 4 stocks about to reach their 52-week highs.

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MRVL
Marvell Technology Group Ltd
NASDAQ
74.5
Open 72.35 Prev Close 74.47
High 74.78 Low 71.68
Volume 7,148,100 Volume (Avg) 13,183,358
52 Week High 55.70 52 Week Low 17.70
Market Cap 31.2B PE Ratio -66.69

Shares Stats

Shares Outstanding675,694,976
Shares Float668,240,272
Shares Short35,319,592
Insider Holdings91%
Institution Holdings91.41%

About Marvell Technology Group Ltd

Marvell Technology Group Ltd. designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; custom application specific integrated circuits; and printer SoC products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. The company was founded in 1995 and is headquartered in Hamilton, Bermuda.

General

NameMarvell Technology Group Ltd
TickerMRVL
ExchangeNASDAQ
SectorTechnology
IndustrySemiconductors
CurrencyUSD
CountryUSA
Fiscal Year EndFebruary

Highlights

Analyst Target54.13
Market Cap31,170,039,808
PE Ratio-66.69
PEG Ratio2.30
EBITDA616,776,000

Financials

Profit Margin-0.09
Return on Assets-0.00
Return on Equity-0.03
Revenue2,968,900,096
Earnings Per Share-0.42
Revenue Per Share4.44
Gross Profit1,523,634,000
Quarterly Revenue Growth0.11

Valuation

Trailing PE18.38
Forward PE34.36
Price/Sales (Trailing 12 Mt.)10.62
Price/Book (Most Recent Quarter)3.78

Dividend

Marvell Technology Group Ltd pays out a dividend of $0.24 per share, with a dividend yield of 0.33%.

MRVL's last dividend payment was made to shareholders on April 28, 2021.

They pay out 21.05% of their earnings out as a dividend.

Recent Dividends

May 1, 2024$0.06
Jan 31, 2024$0.06
Oct 25, 2023$0.06
Jul 26, 2023$0.06
Apr 26, 2023$0.06
Jan 25, 2023$0.06
Oct 26, 2022$0.06
Jul 27, 2022$0.06
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