Matrix Service Co (NASDAQ: MTRX) stock enjoyed a major increase of 14.6% on 11/6/24. The shares closed at $12.91. Moreover, trading volume in this advance was above average at 133% of normal. The stock has been weak relative to the market over the last nine months but has risen 15.2% during the last week.
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). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Matrix Service has a slightly negative Power Rating of 30 and a poor Appreciation Score of 26, resulting in the Lowest Value Trend Rating.
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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