Marine Products traded at $7.09 this Friday March 6th, decreasing $0.18 or 2.48 percent since the previous trading session. Looking back, over the last four weeks, Marine Products lost 12.25 percent. Over the last 12 months, its price fell by 19.61 percent. Looking ahead, we forecast Marine Products to be priced at 7.05 by the end of this quarter and at 6.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Marine Products Corporation is a manufacturer of recreational fiberglass powerboats. The Company designs, manufactures and sells recreational fiberglass powerboats in the sportboat, sport fishing and jet boat markets. Its products include Chaparral sterndrive, outboard and jet pleasure boats and Robalo outboard sport fishing boats. The Company's product line includes Chaparral - SSi Sport, Chaparral - SSX Sport Boat, Chaparral - Surf Series, Chaparral - SunCoast Bowriders, Chaparral - Vortex Jet Boats, Robalo - Center Consoles, Robalo - Cayman Bay Boats and Robalo - Dual Consoles. The Company distributes and markets through its independent dealer network.