Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Matrix Service Co.’s current trading price is -23.45% away from its 52-week high, while its distance from the 52-week low is 100.75%. The stock’s price range over this period has fluctuated between $5.30 and $13.90. The company, operating within the financial sector, had a trading volume of approximately 0.83 million for the day, which was noticeably higher than the average daily share volume of 0.21 million over the last 3 months.
In terms of market performance, Matrix Service Co. had a fairly even. The highest value for the stock in the past year was $13.90 on 03/27/24, and the lowest value was recorded at $5.30 on 06/21/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Matrix Service Co. (MTRX) has experienced a quarterly decline of -6.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 290.47M and boasts a workforce of 2545 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.35, with a change in price of +0.53. Similarly, Matrix Service Co. recorded 198,818 in trading volume during the last 100 days, posting a change of +5.24%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MTRX stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.11.
MTRX Stock Stochastic Average
Today’s raw stochastic average for Matrix Service Co. over the last 50 days is 21.45%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 32.96%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 35.27% and 36.26%, respectively.
MTRX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 8.79%. However, over the past six months, we’ve seen a stronger performance of -4.06%. The price of MTRX leaped by -15.82% over the last 30 days. And in the last five days, it has fallen by -8.04%.
