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) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 1.2%. By the end of trading, Marvell Technology Group fell $0.18 (-1.1%) to $15.42 on average volume. Throughout the day, 7,280,348 shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 5,842,100 shares. The stock ranged in price between $15.40-$15.88 after having opened the day at $15.56 as compared to the previous trading day's close of $15.60. Other companies within the Electronics industry that declined today were:
), down 14.1%,
), down 7.3%,
), down 7.0% and
), down 6.7%.
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Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $7.9 billion and is part of the technology sector. Shares are up 8.5% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Marvell Technology Group a buy, 3 analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Marvell Technology Group
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.
- You can view the full Marvell Technology Group Ratings Report.
On the positive front,
), up 51.4%,
), up 44.9%,
), up 26.1% and
), up 21.0% , were all gainers within the electronics industry with
) being today's featured electronics industry leader.
- Use our electronics section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider
) while those bearish on the electronics industry could consider
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