Marine Products Breaks Above 200-Day Moving Average - Bullish for MPX

In trading on Thursday, shares of Marine Products Corp. ( MPX) crossed above their 200 day moving average of $8.28, changing hands as high as $8.40 per share. Marine Products Corp. shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of MPX shares, versus its 200 day moving average:

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Marine Products Corp. 200 Day Moving Average Chart

Looking at the chart above, MPX's low point in its 52 week range is $6.67 per share, with $10.30 as the 52 week high point — that compares with a last trade of $8.27.

According to the ETF Finder at ETF Channel, MPX makes up 108.92% of the WisdomTree U.S. SmallCap Dividend Growth Fund ETF ( DGRS) which is trading relatively unchanged on the day Thursday.

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