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Malibu Boats-A Up 34.5% Since SmarTrend Uptrend Call (MBUU)

By Amy Schwartz

SmarTrend identified an Uptrend for Malibu Boats-A (NASDAQ:MBUU) on December 8th, 2017 at $31.45. In approximately 7 months, Malibu Boats-A has returned 34.52% as of today's recent price of $42.30.

Over the past year, Malibu Boats-A has traded in a range of $11.38 to $46.49 and is now at $42.30, 272% above that low. The 200-day and 50-day moving averages have moved 0.80% higher and 1.76% higher over the past week, respectively.

Malibu Boats, Inc. designs, manufactures and markets sport boats. The Company produces sport boats used for water sports including water skiing, wakeboarding, and wake surfing, as well as for general recreational boating use. Malibu Boats offers its products in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Malibu Boats-A shares.

Log in and add Malibu Boats-A (MBUU) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights malibu boats-a

Ticker(s): MBUU