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Marine Products Has Returned 20.5% Since SmarTrend Recommendation (MPX)

By Nick Russo

SmarTrend identified an Uptrend for Marine Products (NYSE:MPX) on May 7th, 2018 at $15.53. In approximately 2 months, Marine Products has returned 20.54% as of today's recent price of $18.72.

Marine Products share prices have moved between a 52-week high of $19.82 and a 52-week low of $12.00 and are now trading 56% above that low price at $18.72 per share. The 200-day and 50-day moving averages have moved 0.34% higher and 1.42% higher over the past week, respectively.

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