Todd M. Butz Purchases 5,474 Shares of MAYVILLE ENGR C/SH (NYSE:MEC) Stock

MAYVILLE ENGR C/SH (NYSE:MEC) CFO Todd M. Butz bought 5,474 shares of the stock in a transaction dated Wednesday, June 12th. The stock was bought at an average price of $13.10 per share, with a total value of $71,709.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

MEC stock traded up $0.13 on Friday, hitting $15.03. The company’s stock had a trading volume of 79,349 shares, compared to its average volume of 121,738. MAYVILLE ENGR C/SH has a 1 year low of $11.95 and a 1 year high of $17.40. The company has a current ratio of 1.36, a quick ratio of 0.71 and a debt-to-equity ratio of 1.68.

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