Recent extremely meaningful negative changes in investment behavior have impacted Matrix Service Co (NASDAQ: MTRX): the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.
Matrix Service Co (NASDAQ: MTRX) has recently experienced notable negative changes in fundamentals: significant quarterly sales deceleration occurred, and the consensus estimate for June, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
MTRX is expected to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Matrix Service has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Matrix Service has a very low Appreciation Score of 14 but a neutral Power Rating of 55, with the Negative Value Trend Rating the result.
Recent Price Action
Matrix Service Co (NASDAQ: MTRX) stock declined by -4.3% on 6/7/24. The shares closed at $10.84. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -9.1% during the last week.
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