Session activity on Marvell Technology Group Ltd.(NASDAQ:MRVL) shares bumps the stock on today’s most active list. After a recent spot-check, the stock has touched $16.28 which represents a change from the open of -2.13%. Company shares have been seen trading -10.42% off of the 52 week high and 68.32% away from the 52 week low. Narrowing in, the stock is at a distance of -10.42% from the 50 day high and 8.82% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Marvell Technology Group Ltd. (NASDAQ:MRVL). At the time of writing, the First Call consensus price target for the company is $19.56. The current consensus recommendation provided by covering analysts is 2.50.
This recommendation lands on a scale between 1 and 5. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. A rating of 4 or 5 would represent a Sell recommendation. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.
Since the beginning of the calendar year, the stock is 19.54%. For the quarter, shares have been noted at 12.94%. Share performance for the month is currently at -5.47%.
Tightening the gaze, stock performance for the last 5 trading days is 2.79%.