Shares of Technology sector company Marvell Technology moved 3.5% today, and are now trading at a price of $40.67. The large-cap stock's daily volume was 11,871,673 compared to its average volume of 11,692,666. The S&P 500 index returned a 0.4% performance.
Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. The company is based in Wilmington and has 6,695 full time employees. Its market capitalization is $34,699,640,832. Marvell Technology currently offers its equity investors a dividend that yields 0.6% per year.
27 analysts are following Marvell Technology and have set target prices ranging from $41 to $125 per share. On average, they have given the company a rating of buy. At today's prices, MRVL is trading -34.81% away from its average analyst target price of $62.39 per share.
Over the last year, MRVL shares have gone down by -47.6%, which represents a difference of -35.0% when compared to the S&P 500. The stock's 52 week high is $81.54 per share and its 52 week low is $33.75. With average free cash flows of $528,243,750.0 that have been growing at an average rate of 33.1% over the last four years, Marvell Technology declining stock performance may not be reflective of the quality of its underlying business.
|Date Reported||Cash Flow from Operations ($ MM)||Capital expenditures ($ MM)||Free Cash Flow ($ MM)||YoY Growth (%)|