Notable Stock to Watch: Marine Products Corporation (NYSE:MPX)

Marine Products Corporation (NYSE:MPX) stock identified change of 13.38% away from 52-week low price and recently located move of -42.38% off 52-week high price. It has market worth of $483.79M and dividend yield of 3.39%. MPX stock has been recorded -4.95% away from 50 day moving average and -5.22% away from 200 day moving average. Moving closer, we can see that shares have been trading -5.72% off 20-day moving average.

 On Oct. 1, 2019, Marine Products Corporation (NYSE: MPX) reported that during the third quarter of 2019 it purchased 85,354 shares under its share repurchase program.designs, manufactures and distributes premium-branded Chaparral sterndrive, jet drive and outboard pleasure boats, and Robalo offshore sport fishing boats. The Company continues to diversify its product lines through product innovation.  With premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and to generate superior financial performance to build long-term shareholder value.

 The Consumer Goods sector company, Marine Products Corporation noticed change of -0.07% to $14.15 along volume of 21368 shares in recent session compared to an average volume of 21.99K. The stock observed return of -1.46% in 5 days trading activity. The stock was at -6.48% over one month performance. MPX’s shares are at -7.94% for the quarter and driving a -37.89% return over the course of the past year and is now at -16.32% since this point in 2018.  The average volatility for the week at 3.46% and for month was at 3.34%. There are 34.19M shares outstanding and 7.19M shares are floated in market. Right now the stock beta is 0.56. 

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