Matrix Service Co. (MTRX) Stock: A Closer Look

A share price of Matrix Service Co. [MTRX] is currently trading at $10.54, up 15.32%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MTRX shares have gain 11.89% over the last week, with a monthly amount glided 17.77%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Matrix Service Co. [NASDAQ: MTRX] stock has seen the most recent analyst activity on February 19, 2020, when Sidoti upgraded its rating to a Buy but kept the price target unchanged to $20 for it. Previously, Sidoti downgraded its rating to Neutral on February 06, 2020, and kept the price target unchanged to $20. On August 07, 2019, upgrade upgraded it’s rating to Buy but maintained its price target of $25 on the stock. DA Davidson started tracking the stock assigning a Neutral rating and suggested a price target of $22 on March 13, 2019. Citigroup reiterated its recommendation of a Buy and raised its price target to $64 on July 05, 2018. Avondale upgraded its rating to Mkt Outperform for this stock on May 06, 2016. In a note dated February 11, 2016, KeyBanc Capital Mkts downgraded an Sector Weight rating on this stock.

Matrix Service Co. experienced fluctuations in its stock price throughout the past year between $7.75 and $13.90. Matrix Service Co. [NASDAQ: MTRX] shares were valued at $10.54 at the most recent close of the market.

Analyzing the MTRX fundamentals

Trailing Twelve Months sales for Matrix Service Co. [NASDAQ:MTRX] were 728.21M which represents -7.94% decline. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.15 and Total Capital is -0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.19 points at the first support level, and at 9.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.05, and for the 2nd resistance point, it is at 11.55.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Matrix Service Co. [NASDAQ:MTRX] is 1.14. Also, the Quick Ratio is 1.10, while the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 1.75.

Transactions by insiders

Recent insider trading involved DURKIN KEVIN A, VP Chief Bus Dev/Strat Officer, that happened on Mar 22 ’24 when 3900.0 shares were sold. President & CEO, HEWITT JOHN R completed a deal on Mar 20 ’24 to sell 10000.0 shares. Meanwhile, VP Chief Bus Dev/Strat Officer DURKIN KEVIN A sold 3900.0 shares on Feb 09 ’24.

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