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42.8% Return Seen to Date on SmarTrend Marine Products Call (MPX)

By Shiri Gupta

SmarTrend identified an Uptrend for Marine Products (NYSE:MPX) on May 7th, 2018 at $15.53. In approximately 6 months, Marine Products has returned 42.76% as of today's recent price of $22.17.

Over the past year, Marine Products has traded in a range of $12.00 to $24.82 and is now at $22.17, 85% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.9%.

Marine Products Corporation through its wholly-owned subsidiary Chaparral, designs, manufactures, and sells recreational fiberglass powerboats. The Company markets its products in the sportboat, deck boat, and cruiser markets.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Marine Products shares.

Log in and add Marine Products (MPX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights marine products

Ticker(s): MPX