• Return to Headlines

Mcbc Holdings In: 52-Week High Recently Eclipsed (MCFT)

By Nick Russo

Shares of Mcbc Holdings In (NASDAQ:MCFT) traded at a new 52-week high today of $29.71. This new high was reached on approximately average trading volume as 64,000 shares traded hands, while the average 30-day volume is approximately 75,000 shares.

In the past 52 weeks, shares of Mcbc Holdings In have traded between a low of $10.25 and a high of $29.71 and are now at $29.45, which is 187% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.3%.

Based on a current price of $29.45, Mcbc Holdings In is currently 4.8% above its average consensus analyst price target of $28.04. The stock should discover initial support at its 200-day moving average (MA) of $13.67 and subsequent support at its 50-day MA of $13.40.

MCBC Holdings, Inc., doing business as MasterCraft, operates as a holding company. The Company, through its subsidiaries, designs, manufactures, and markets sport boats. MasterCraft Holdings serves customers worldwide.

SmarTrend recommended that subscribers consider buying shares of Mcbc Holdings In on November 22nd, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $22.95. Since that recommendation, shares of Mcbc Holdings In have risen 26.2%. We continue to monitor MCFT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows mcbc holdings in

Ticker(s): MCFT