MEC Company Profile and Key Details

Mayville Engineering Company, Inc. (NYSE:MEC) closed at $25.67 USD, losing -$0.22 (-0.85%) from the previous close of $25.89. The stock is currently mid-range between its 52-week high and low $12.10 and $38.76. With a market capitalization of about $525.09 million, Mayville Engineering Company, Inc. is classified as a small-cap and shows market-like volatility (beta ~1.22). Key stats such as the average daily volume over the past year has been around 582.04 thousand shares, in line with its 52-week average. Headquartered in Milwaukee, WI, Mayville Engineering Company, Inc. operates in the Industrials sector and the Manufacturing - Metal Fabrication industry. Led by CEO Jagadeesh A. Reddy, the company employs approximately 2,400 people and listed since May 09, 2019. Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States.

Short-term trend indicators are bearishly aligned (SMA20 2.03%, SMA50 9.8%, SMA200 30.46%). The stock’s 14-day RSI is 57.33 (neutral), while the ATR of 0.95 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -4.14% below its high and over 82.92% above its low. Average 10-day trading volume of 572.08 thousand shares is in line with the 3-month average of 572.73 thousand, indicating normal recent market interest.

Mayville Engineering Company, Inc. trades at a P/E ratio of -32.78, slightly below the S&P 500 average, with a price-to-sales ratio of 0.95 and a price-to-book ratio of 2.28 suggesting the stock is closer to book value. The P/FCF stands at 36.27, also above market averages.