Matrix Service Co (NASDAQ: MTRX) stock closed at $10.54 on 9/10/24 after a major increase of 15.3%. Moreover, this advance was accompanied by exceptionally high trading volume at 665% of normal. The stock has risen 5.8% during the last week but has been weak relative to the market over the last nine months.
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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Matrix Service has a neutral Power Rating of 41 but a poor Appreciation Score of 19, and the Lowest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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