Marine Products Corp. (NYSE:MPX) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: September 27, 2016
Yesterday Marine Products Corp. (NYSE:MPX) traded 0.79% higher at $8.93. MPX’s 50-day average is $8.87 and its two hundred day average is $8.44. With the last stock price up 5.75% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was up over the average, with 50,529 shares of MPX changing hands over the typical 15,616
Zacks Investment Research has downgraded Marine Products Corp. (NYSE:MPX) to Hold in a report released on 09/28/2016.
Recent Performance Chart
Marine Products Corp. has PE ratio of 21.47 with a one year low of $4.92 and a one year high of $9.38 and has a market capitalization of $0.
General Company Details For Marine Products Corp. (NYSE:MPX)
Marine Products Corporation (MPC) is engaged in manufacturing powerboats and providing related products and services. The Company manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. The Company operates in Powerboat Manufacturing business segment. The Company's product offerings include Chaparral sterndrive, outboard and jet pleasure boats, and Robalo outboard sport fishing boats. MPC designs, manufactures and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, sport yacht, jet boat and sport fishing markets. The Company sells its products to a network of approximately 150 domestic and over 85 international independent authorized dealers. The Company manufactures Chaparral sterndrive pleasure boats, including H2O Sport, and Fish & Ski boats, SSi and SSX Sportboats, Sunesta Sportdecks, Signature Cruisers, SunCoast Sportdeck outboards, Vortex Jet Boats and Robalo outboard sport fishing boats.
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