The Marcus Hits New 1-Year High at $19.50 (MCS)
Shares of The Marcus (NYSE:MCS) reached a new 52-week high during trading on Monday , Stock Ratings Network.com reports. The company traded as high as $19.50 and last traded at $19.47, with a volume of 20,582 shares traded. The stock had previously closed at $19.42.
A number of analysts have recently weighed in on MCS shares. Analysts at Barrington Research initiated coverage on shares of The Marcus in a research note on Tuesday, June 24th. They set an “outperform” rating and a $24.00 price target on the stock. Analysts at Zacks downgraded shares of The Marcus from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 23rd. They now have a $18.90 price target on the stock.
The stock’s 50-day moving average is $17.43 and its 200-day moving average is $15.57. The company has a market cap of $523.6 million and a price-to-earnings ratio of 21.72.
The Marcus Corporation is engaged in two segments: movie theatres, hotels and resorts. As of May 26, 2011, the Company’s theatre operations included 55 movie theatres with 684 screens throughout Wisconsin, Ohio, Illinois, Minnesota, North Dakota, Nebraska and Iowa, including two movie theatres with 11 screens in Wisconsin and Nebraska owned by third parties but managed by it.
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