MCBC Holdings Inc. (MCFT) Trading Up 1.6%
MCBC Holdings Inc. (NASDAQ:MCFT)’s share price was up 1.6% on Wednesday . The company traded as high as $12.01 and last traded at $11.96, with a volume of 54,370 shares. The stock had previously closed at $11.77.
A number of equities analysts have weighed in on MCFT shares. Zacks Investment Research lowered MCBC Holdings from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 7th. Robert W. Baird restated an “outperform” rating on shares of MCBC Holdings in a research note on Saturday, June 25th. B. Riley reiterated a “buy” rating and set a $25.00 price objective on shares of MCBC Holdings in a research report on Thursday, May 12th. Finally, Wunderlich reduced their price objective on MCBC Holdings from $20.00 to $18.00 and set a “buy” rating on the stock in a research report on Friday, May 27th.
The company’s 50-day moving average is $11.41 and its 200 day moving average is $12.60. The stock has a market cap of $221.88 million and a PE ratio of 25.02.
MCBC Holdings, Inc (MCBC) is a holding company. The Company is a designer and manufacturer of inboard tournament ski boats and V-drive runabouts under the MasterCraft brand. The Company operates through two segments: MasterCraft and Hydra-Sports. The MasterCraft product brand consists of recreational performance boats primarily used for water skiing, wakeboarding and wake surfing, and general recreational boating.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.