Malibu Boats Inc (NASDAQ: MBUU) has recently experienced extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.
Malibu Boats Inc (NASDAQ: MBUU) has recently experienced minimal negative changes in fundamentals: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Malibu Boats has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Malibu Boats has a neutral Appreciation Score of 43 and a neutral Power Rating of 58, producing the Neutral Value Trend Rating.
Recent Price Action
Malibu Boats Inc (NASDAQ: MBUU) stock closed at $37.43 on 12/20/24 after a slight gain of 0.08%. Moreover, this advance was accompanied by unusually high trading volume at 194% of normal. Relative to the market the stock has been strong over the last nine months but has declined -15.2% during the last week.
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