Marcus Corp. (NYSE:MCS)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $22.39 and last traded at $22.29, with a volume of 41,497 shares. The stock had previously closed at $22.02.

MCS has been the subject of several analyst reports. B. Riley reduced their price objective on Marcus Corp. from $27.75 to $25.50 in a research report on Wednesday, March 30th. Zacks Investment Research downgraded Marcus Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, April 27th. Finally, TheStreet downgraded Marcus Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th.

The firm has a 50 day moving average price of $21.08 and a 200-day moving average price of $19.50. The stock has a market capitalization of $607.72 million and a PE ratio of 14.49.

Marcus Corp. (NYSE:MCS) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.11. During the same quarter in the previous year, the firm posted $0.11 earnings per share. The business earned $125 million during the quarter, compared to the consensus estimate of $119.25 million. The company’s revenue was up 5.6% compared to the same quarter last year. Analysts predict that Marcus Corp. will post $1.11 EPS for the current fiscal year.

In other news, Director Philip L. Milstein sold 33,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 10th. The shares were sold at an average price of $20.15, for a total value of $675,025.00. Following the completion of the sale, the director now directly owns 79,274 shares in the company, valued at approximately $1,597,371.10. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

An institutional investor recently raised its position in Marcus Corp. stock. Bank of Montreal Can raised its position in Marcus Corp. (NYSE:MCS) by 120.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,969 shares of the company’s stock after buying an additional 28,955 shares during the period. Bank of Montreal Can owned about 0.19% of Marcus Corp. worth $1,005,000 at the end of the most recent quarter.

The Marcus Corporation owns and operates movie theatres, and hotels and resorts. The Company operates through two business segments: movie theatres, and hotels and resorts. Its theatre operations include around 55 movie theatres with around 681 screens throughout Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio, including two movie theatres with 11 screens in Wisconsin and Nebraska owned by third parties and managed by it.

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