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Marine Products Up 38.0% Since SmarTrend Uptrend Call (MPX)

By Shiri Gupta

SmarTrend identified an Uptrend for Marine Products (NYSE:MPX) on March 16th, 2017 at $11.29. In approximately 4 months, Marine Products has returned 38.00% as of today's recent price of $15.58.

In the past 52 weeks, Marine Products share prices have been bracketed by a low of $7.87 and a high of $16.25 and are now at $15.58, 98% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.2%.

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