Matrix Service Co. Sets New 1-Year High at $17.96 (MTRX)
Matrix Service (NASDAQ:MTRX) set a new 52-week high during trading hours on Thursday, American Banking & Market News reports. The company traded as high as $17.96 and last traded at $17.80, with a volume of 142,974 shares. The stock had previously closed at $17.61.
Matrix Service has a 52 week low of $10.05 and a 52 week high of $17.96. The stock’s 50-day moving average is $16.21 and its 200-day moving average is $15.94. The company has a market cap of $465.2 million and a price-to-earnings ratio of 19.35.
Matrix Service (NASDAQ:MTRX) last posted its quarterly earnings results on Tuesday, September 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.02. The company had revenue of $235.60 million for the quarter, compared to the consensus estimate of $226.63 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up 27.4% on a year-over-year basis. On average, analysts predict that Matrix Service will post $1.13 earnings per share for the current fiscal year.
Matrix Service Company provides engineering, fabrication, construction and maintenance services primarily to oil, gas, power, petrochemical, industrial and mining and minerals markets.
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