Marvell Technology Group (MRVL) Marked As Today's Post-Market Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Marvell Technology Group ( MRVL) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Marvell Technology Group as such a stock due to the following factors:

  • MRVL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $99.7 million.
  • MRVL is down 2.2% today from today's close.

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More details on MRVL:

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. The stock currently has a dividend yield of 1.7%. MRVL has a PE ratio of 21. Currently there are 11 analysts that rate Marvell Technology Group a buy, 3 analysts rate it a sell, and 11 rate it a hold.

The average volume for Marvell Technology Group has been 6.8 million shares per day over the past 30 days. Marvell Technology Group has a market cap of $7.5 billion and is part of the technology sector and electronics industry. The stock has a beta of 1.14 and a short float of 2.2% with 1.09 days to cover. Shares are down 0.1% year-to-date as of the close of trading on Wednesday.

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