Marine Products Corporation (NYSE:MPX) insider have most recently took part in a trading activity. On Aug 24, 2017 Rollins Pam R, Director bought 6,070 shares having total worth of $90,443 at the price of $14.9 per share, following the transaction a total of 6,070 shares owned by Rollins Pam R.
The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 sell activities .Furthermore, over the past 12 months , the stock was traded 4 times by insiders. In 3 of these trades, the insider was a seller while an employee of the company was the buyer in 1 instances.
|Time Frame||Number of Insider Buy||Number of Insider Sell||Stock Price Change(%)|
Shares of Marine Products Corporation (NYSE:MPX) traded up 0.47% on Aug 24, 2017, hitting $14.84. 14,484 shares of the company’s stock traded hands. Marine Products Corporation has a 52 week low of $7 and a 52 week high of $15.79. The company’s market cap is $343 million.
Marine Products Corporation (NYSE:MPX) last announced its earnings results on Jul 26, 2017. The company reported 0.18 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.15 by $0.03. The company had revenue of $71 million for the quarter, compared to the consensus estimate of $73 million. During the same quarter in the previous year, the company posted 0.13 earnings per share. The company’s revenue for the quarter was up 10% on a year-over-year basis.
|earnings per share||0.18||0.15||0.10||0.11||0.13||0.10||0.10||0.08||0.12||0.08|
Marine Products Corporation is a Delaware Corporation incorporated on August 31, 2000, in connection with a spin-off from RPC, Inc. Effective February 28, 2001, RPC accomplished the spin-off by contributing 100 percent of the issued and outstanding stock of Chaparral to Marine Products, a newly formed wholly owned subsidiary of RPC, and then distributing the common stock of Marine Products to RPC stockholders. The Company manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. Product offerings include Chaparral sterndrive and inboard pleasure boats and Robalo outboard sport fishing boats. The Company designs, manufactures and sells recreational fiberglass powerboats in the sport boat, deck boat, cruiser, sport yacht and sport fishing markets. The Company sells its products to a network of 131 domestic and 57 international independent authorized dealers. Marine Products’ mission is to enhance its customers’ boating experience by providing them with high quality, innovative powerboats. The Company manufactures Chaparral stern drive and inboard-powered pleasure boats including SSi Sport boats, SSX Sport decks, Sunesta Wide Tech(tm) and Xtreme boats, Signature Cruisers, Premiere Sport Yachts and Robalo outboard sport fishing boats. Marine Products distinguishes itself by offering a range of products to the family recreational market and cruiser market through its Chaparral brand, and to the sport fishing market through its Robalo brand. The Company’s manufacturing facilities are located in Nashville, Georgia and Valdosta, Georgia. In 2008, the Company temporarily idled its plant located in Valdosta, Georgia in response to the decline in production during the current year in comparison to the prior year. The Company utilizes five different plants to, among other things, manufacture interiors, design new models, create fiberglass hulls and decks, and assemble different end products. Sales are made through approximately 84 Chaparral dealers, 12 Robalo dealers, and 25 dealers that sell both brands located in markets throughout the United States. Its brands compete with several large national or regional manufacturers that have financial, marketing and other resources. The Company’s operations are subject to regulation, supervision, and licensing under federal, state, and local statutes, ordinances, and regulations.
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