Malibu Boats Inc. (MBUU) Soars 1.13% on January 20

Equities Staff  |

Malibu Boats Inc. (MBUU) had a good day on the market for Wednesday January 20 as shares jumped 1.13% to close at $75.99. About 187,520 shares traded hands on 2,504 trades for the day, compared with an average daily volume of n/a shares out of a total float of 20.72 million. After opening the trading day at $75.16, shares of Malibu Boats Inc. stayed within a range of $76.73 to $74.82.

With today's gains, Malibu Boats Inc. now has a market cap of $1.57 billion. Shares of Malibu Boats Inc. have been trading within a range of $81.81 and $18.03 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Malibu Boats Inc designs, manufacture and sells performance sports boats. The boats are used for water sports, such as water-skiing, wakeboarding, and wake surfing. Its operating segments include Malibu, Cobalt and Pursuit. The performance boats are sold under the Malibu and Axis Wake Research brands. The company uses an independent dealer network to sell its products, primarily in the United States and other countries. It operates under the segments of US, Australia, and Cobalt. The U.S. operating segment primarily serves markets in North America, South America, Europe, and Asia while the Australia operating segment principally serves the Australian and New Zealand markets.

Malibu Boats Inc. is based out of Loudon, TN and has some 1,795 employees. Its CEO is Jack D. Springer.

For a complete fundamental analysis of Malibu Boats Inc., check out’s Stock Valuation Analysis report for MBUU.

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Malibu Boats Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Malibu Boats Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: MBUU’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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