MCBC Holdings Inc. (MCFT) Breaks into New 52-Week High on September 12 Session

Shares of MCBC Holdings Inc. (MCFT) broke into a new 52-week high yesterday, hitting a peak of $37.63. Shares closed at $36.76 after opening at $37.14 for a move of -1.02%. The company now has a market cap of $688.38 million.

Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out before an impending period of decline.

For MCBC Holdings Inc., the new 52-week high came on volume of 183,402. The stock has a float of 18.73 million shares and average daily volume of $161,402. It has a 50-day SMA of $27.32 and a 200-day SMA of $25.87.

MCBC Holdings Inc. now has a P/E ratio of 17.5.

For a complete fundamental analysis analysis of MCBC Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for MCFT.

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MCBC Holdings Inc is a designer and manufacturer of inboard tournament ski boats and luxury performance V-drive runabouts under the MasterCraft brand and high-end saltwater fishing boats under the Hydra-Sports brand.

MCBC Holdings Inc. is based out of Vonore, TN and has some 490 employees. Its CEO is Terry McNew.

MCBC Holdings Inc. is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.

What’s more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow Jones Industrial Average or S&P 500.


To get more information on MCBC Holdings Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: MCFT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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Source: https://www.equities.com/news/mcbc-holdings-inc-mcft-breaks-into-new-52-week-high-on-september-12-session

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