Malibu Boats, Inc. (NASDAQ: MBUU) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 4.46% on the day to $36.3.
Malibu Boats, Inc. engages in the design, engineering, manufacturing, marketing, and sale of a range of recreational powerboats. It operates through three segments: Malibu, Saltwater Fishing, and Cobalt. The company offers performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes, and Cobalt brands. Its products are used for a range of recreational boating activities, including water sports, such as water skiing and wakeboarding.
So far today, approximately 85,063 shares of Malibu Boats, Inc. have been exchanged, as compared to an average 30-day volume of 199.09k shares.
Malibu Boats, Inc. share prices have moved between a 52-week high of $56.03 and a 52-week low of $30.2. The stock has moved -4.16% over the past week.
To learn more about Malibu Boats, Inc., visit the company’s website at https://www.malibuboats.com.
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