(MPX) Marine Products - Ratings and Ratios

Marine Products Corporation is a prominent manufacturer of recreational fiberglass powerboats, catering to the sport boat and sport fishing boat markets in the United States. The companys product portfolio includes a range of Chaparral sterndrive and outboard pleasure boats, as well as Robalo outboard sport fishing boats, known for their high-performance capabilities and sleek designs. With a history dating back to 1965, the company has established a strong presence in the leisure products industry, with a network of domestic and international independent authorized dealers.

The companys product lineup includes the Chaparral SSi Sport Boats, SSX Sport Boats, and Surf Series, which are designed for thrill-seeking enthusiasts, as well as the Robalo brand, which offers center and dual consoles, and Cayman Bay Boats. The companys focus on quality, innovation, and customer satisfaction has enabled it to maintain a strong market position. As a subsidiary of LOR, Inc., Marine Products Corporation leverages its resources to drive growth and expansion.

Analyzing the , we observe that the stocks SMA20 and SMA50 are closely aligned, indicating a stable short-term trend. The SMA200 is slightly higher, suggesting a potential resistance level. The ATR indicates a moderate level of volatility. Given the current price of 8.53, a potential trading range could be between 8.20 and 8.80. Based on the , the companys P/E ratio of 19.37 is relatively reasonable, considering its RoE of 12.05. With a market cap of 291.18M USD, the stock appears to have a stable liquidity profile.

Forecasting the stocks performance, we can anticipate a potential breakout above the SMA200, driven by a combination of favorable technical and fundamental factors. If the stock can sustain a price above 8.87, it may attract further buying interest, potentially driving the price towards the 52W High of 10.13. Conversely, a failure to breach the SMA200 could result in a pullback towards the 52W Low of 7.47. As such, a trading strategy could involve monitoring the stocks price action around the SMA200, with a view to capitalizing on potential trend continuations or reversals.