Matrix Service Co [MTRX] stock is trading at $12.54, down -2.34%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MTRX shares have gain 4.76% over the last week, with a monthly amount drifted -2.64%, and not seem to be holding up well over a long-time horizon.
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 [MTRX] stock has fluctuated between $8.61 and $13.90 over the past year. Matrix Service Co [NASDAQ: MTRX] shares were valued at $12.54 at the most recent close of the market.
Analyzing the MTRX fundamentals
Matrix Service Co [NASDAQ:MTRX] reported sales of 696.13M for the trailing twelve months, which represents a drop of -16.23%. Gross Profit Margin for this corporation currently stands at 0.05% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.19 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 12.31 points at the first support level, and at 12.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.74, and for the 2nd resistance point, it is at 12.95.
Ratios To Look Out For
For context, Matrix Service Co’s Current Ratio is 1.06. As well, the Quick Ratio is 1.03, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 2.21.
Transactions by insiders
Recent insider trading involved MILLER JAMES HARRY, Director, that happened on Sep 11 ’24 when 4500.0 shares were sold. VP Chief Bus Dev/Strat Officer, DURKIN KEVIN A completed a deal on Mar 22 ’24 to sell 3900.0 shares. Meanwhile, President & CEO HEWITT JOHN R sold 10000.0 shares on Mar 20 ’24.
