The Marcus Corporation (MCS) is priced at $9.54 after the most recent trading session. At the very opening of the session, the stock price was $13.75 and reached a high price of $13.82, prior to closing the session it reached the value of $13.62. The stock touched a low price of $13.22.
Recently in News on September 17, 2020, The Marcus Corporation Announces Launch of $87 Million Convertible Senior Notes Offering. The Marcus Corporation (NYSE: MCS) (the “Company”) announced today that it intends to offer (the “Offering”), subject to market conditions and other factors, $87 million aggregate principal amount of convertible senior notes due 2025 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant the initial purchasers of the Notes an option to purchase, within a thirteen-day period beginning on, and including, the date the Company first issues the Notes, up to an additional approximately $13 million aggregate principal amount of the Notes. You can read further details here
The Marcus Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $33.96 on 02/20/20, with the lowest value was $6.95 for the same time period, recorded on 03/18/20.
The Marcus Corporation (MCS) full year performance was -62.65%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, The Marcus Corporation shares are logging -74.65% during the 52-week period from high price, and 37.27% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $6.95 and $37.64.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 1835619 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the The Marcus Corporation (MCS) recorded performance in the market was -57.13%, having the revenues showcasing -4.95% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 456.95M, as it employees total of 10500 workers.
Analysts verdict on The Marcus Corporation (MCS)
During the last month, 0 analysts gave the The Marcus Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 14.04, with a change in the price was noted -4.28. In a similar fashion, The Marcus Corporation posted a movement of -31.04% for the period of last 100 days, recording 337,193 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MCS is recording 0.65 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.48.
The Marcus Corporation (MCS): Technical Analysis
Raw Stochastic average of The Marcus Corporation in the period of last 50 days is set at 2.16%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 2.21%. In the last 20 days, the company’s Stochastic %K was 17.76% and its Stochastic %D was recorded 23.28%.
Let’s take a glance in the erstwhile performances of The Marcus Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -57.13%. Additionally, trading for the stock in the period of the last six months notably improved by 78.51%, alongside a downfall of -62.65% for the period of the last 12 months. The shares increased approximately by -8.59% in the 7-day charts and went down by 1.79% in the period of the last 30 days. Common stock shares were lifted by -4.95% during last recorded quarter.