MAYVILLE ENGR C/SH (NYSE:MEC) VP Buys $28,960.00 in Stock

MAYVILLE ENGR C/SH (NYSE:MEC) VP Clifford O. Sanderson acquired 2,000 shares of the firm’s stock in a transaction dated Thursday, June 13th. The shares were purchased at an average price of $14.48 per share, with a total value of $28,960.00. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Shares of NYSE MEC opened at $15.03 on Monday. MAYVILLE ENGR C/SH has a one year low of $11.95 and a one year high of $17.40. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.36 and a quick ratio of 0.71.

Several research analysts recently issued reports on the company. William Blair started coverage on MAYVILLE ENGR C/SH in a research report on Monday, June 3rd. They set an “outperform” rating on the stock. UBS Group started coverage on MAYVILLE ENGR C/SH in a research report on Monday, June 3rd. They issued a “neutral” rating and a $17.00 price objective on the stock. Citigroup started coverage on MAYVILLE ENGR C/SH in a research report on Monday, June 3rd. They issued a “buy” rating on the stock. Robert W. Baird started coverage on MAYVILLE ENGR C/SH in a research report on Monday, June 3rd. They issued an “outperform” rating and a $19.00 price objective on the stock. Finally, Jefferies Financial Group started coverage on MAYVILLE ENGR C/SH in a research report on Monday, June 3rd. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. MAYVILLE ENGR C/SH has a consensus rating of “Buy” and an average price target of $18.00.

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About MAYVILLE ENGR C/SH

There is no company description available for Mayville Engineering Company Inc

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