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Matrix Composites & Engineering Limited (ASX:MCE)‘s stock had its “accumulate” rating restated by investment analysts at Hartley’s Research in a note issued to investors on Tuesday. They currently have a $1.53 target price on the stock.

Matrix Composites & Engineering Limited (ASX:MCE) traded down 3.33% on Tuesday, hitting A$1.160. 97,500 shares of the company’s stock traded hands. Matrix Composites & Engineering Limited has a 52 week low of A$0.600 and a 52 week high of A$1.600. The stock has a 50-day moving average of A$1.14 and a 200-day moving average of A$1.24. The company’s market cap is A$109.7 million.

Matrix Composites & Engineering Ltd provides solutions consisting of engineered products and integrated services to the global oil and gas, and mineral resources industries.

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