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MCBC Holdings (MCFT) Jumps: Stock Adds 14.2% in Session
MCBC Holdings, Inc. (MCFT - Free Report) was a big mover last session, as the company saw its shares rise over 14% on the day. The upside was driven by the company’s announcement of a special dividend of $4.30 per share. This also led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $12.22 to $13.58 in the past one-month time frame.
In the last 30 days, the company has seen one positive estimate revision and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
MCBC Holdings currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another favorably ranked Leisure and Recreational product stock is Callaway Golf Co. with the same Zacks Rank as MCBC Holdings.
Is MCFT going up? Or down? Predict to see what others think: Up or Down
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