MGPI
MGP Ingredients, Inc. Consumer Defensive - Beverages - Wineries & Distilleries Investor Relations →
MGP Ingredients, Inc. (MGPI) closed at $16.50 as of 2026-03-20, trading 76.4% below its 200-week moving average of $70.02. This places MGPI in the extreme value zone. The stock is currently moving closer to the line, down from -74.7% last week. With a 14-week RSI of 22, MGPI is in oversold territory.
Over the past 14 weeks, down-weeks have had more trading volume than up-weeks (0.51 buyers-vs-sellers ratio). That means when people are active, they're more often selling than buying. Sellers are still more in control than buyers.
Over the past 1904 weeks of data, MGPI has crossed below its 200-week moving average 18 times. On average, these episodes lasted 50 weeks. Historically, investors who bought MGPI at the start of these episodes saw an average one-year return of +17.4%.
With a market cap of $352 million, MGPI is a small-cap stock. The company generates a free cash flow yield of 44.2%, which is notably high. Return on equity stands at -13.9%. The stock trades at 0.5x book value.
Management has been repurchasing shares, with a 3.2% reduction over three years. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 33.2 years, a hypothetical investment of $100 in MGPI would have grown to $160, compared to $2683 for the S&P 500. MGPI has returned 1.4% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 20.4% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MGPI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MGPI Crosses Below the Line?
Across 15 historical episodes, buying MGPI when it crossed below its 200-week moving average produced an average return of +8.2% after 12 months (median -24.0%), compared to +11.1% for the S&P 500 over the same periods. 27% of those episodes were profitable after one year. After 24 months, the average return was +52.1% vs +29.5% for the index.
Each line shows $100 invested at the moment MGPI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MGPI has crossed below its 200-week MA 18 times with an average 1-year return of +17.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1990 | Nov 1990 | 41 | 28.8% | -7.7% | +194.7% |
| Dec 1990 | Dec 1990 | 1 | 0.7% | +47.8% | +221.6% |
| Jan 1991 | Jan 1991 | 1 | 0.0% | +47.5% | +219.2% |
| Dec 1994 | Jun 2001 | 339 | 52.5% | -35.1% | +88.8% |
| Jul 2001 | Oct 2001 | 11 | 16.0% | +20.8% | +306.2% |
| Aug 2002 | Jun 2003 | 45 | 35.5% | -18.1% | +313.6% |
| Jul 2003 | Oct 2003 | 14 | 14.5% | +317.1% | +376.1% |
| Sep 2007 | Sep 2010 | 159 | 95.6% | -65.4% | +44.7% |
| Aug 2011 | Aug 2011 | 2 | 3.6% | -41.9% | +223.8% |
| Sep 2011 | Oct 2011 | 3 | 20.8% | -34.9% | +225.7% |
| Oct 2011 | Jan 2012 | 12 | 21.3% | -39.5% | +220.6% |
| Feb 2012 | Mar 2012 | 1 | 2.1% | -24.9% | +235.6% |
| Mar 2012 | Mar 2014 | 101 | 43.2% | -18.4% | +244.0% |
| Apr 2014 | May 2014 | 2 | 2.3% | +163.9% | +222.8% |
| Aug 2019 | Feb 2021 | 78 | 58.9% | -30.2% | -65.7% |
| Jul 2021 | Aug 2021 | 1 | 0.1% | +77.4% | -71.1% |
| Apr 2024 | Aug 2024 | 18 | 11.7% | -63.2% | -78.1% |
| Sep 2024 | Ongoing | 80+ | 76.4% | Ongoing | -80.1% |
| Average | 50 | — | +17.4% | — |
Frequently Asked Questions
Is MGPI below its 200-week moving average?
Yes. As of 2026-03-20, MGP Ingredients, Inc. (MGPI) is trading 76.4% below its 200-week moving average of $70.02. The current price is $16.50.
What is MGPI's 200-week moving average price?
MGP Ingredients, Inc.'s 200-week moving average is $70.02 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MGPI drops below its 200-week moving average?
MGPI has crossed below its 200-week moving average 18 times in our data. On average, buying at that moment produced a one-year return of +17.4%. These dips have historically been decent entry points. These episodes lasted 50 weeks on average.
Is MGPI a good value right now?
Here's what our data says about MGPI as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 22 (oversold). Free cash flow yield is 44.2%. Return on equity is -13.9%. Price-to-book is 0.5x. This is not a buy or sell recommendation — always do your own research.
How does MGPI compare to the S&P 500?
Over the past 33.2 years, $100 invested in MGPI would have grown to $160, compared to $2683 for the S&P 500. That's 1.4% annualized vs 10.4% for the index. MGPI has underperformed the broader market over this period.
Does MGPI pay a dividend?
Yes. MGP Ingredients, Inc. currently pays a dividend yield of 291.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20