Matrix Service Co Stock Price on April 25, 2024
| MTRX Stock | USD 13.26 0.04 0.30% |
Below is the normalized historical share price chart for Matrix Service Co extending back to September 26, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Matrix Service stands at 13.26, as last reported on the 29th of November, with the highest price reaching 13.40 and the lowest price hitting 13.10 during the day.
If you're considering investing in Matrix Stock, it is important to understand the factors that can impact its price. Matrix Service appears to be not too volatile, given 3 months investment horizon. Matrix Service has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Matrix Service's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please exercise Matrix Service's Downside Deviation of 1.95, mean deviation of 1.99, and Risk Adjusted Performance of 0.1315 to check out if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to rise to about 168.1 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 25 M in 2024. . Price To Sales Ratio is likely to rise to 0.46 in 2024. Price Earnings Ratio is likely to rise to 10.31 in 2024. Matrix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of September 1990 | 200 Day MA 11.2522 | 50 Day MA 11.9182 | Beta 1.255 |
Matrix |
Sharpe Ratio = 0.1858
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MTRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Matrix Service is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Matrix Service by adding it to a well-diversified portfolio.
Price Book 2.3415 | Enterprise Value Ebitda (4.44) | Price Sales 0.5265 | Shares Float 23.5 M | Wall Street Target Price 17 |
Matrix Service Valuation on April 25, 2024
It is possible to determine the worth of Matrix Service on a given historical date. On April 25, 2024 Matrix was worth 11.48 at the beginning of the trading date compared to the closed value of 11.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matrix Service stock. Still, in general, we apply an absolute valuation method to find Matrix Service's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Matrix Service where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matrix Service's related companies.
| Open | High | Low | Close | Volume | |
| 11.45 | 11.70 | 11.45 | 11.54 | 83,192 | |
04/25/2024 | 11.48 | 11.81 | 11.42 | 11.77 | 96,101 |
| 11.73 | 11.83 | 11.53 | 11.53 | 77,636 |
| Backtest Matrix Service | | | Matrix Service History | | | Matrix Service Valuation | Previous | Next |
Matrix Service Trading Date Momentum on April 25, 2024
| On April 26 2024 Matrix Service Co was traded for 11.53 at the closing time. The top price for the day was 11.83 and the lowest listed price was 11.53 . The trading volume for the day was 77.6 K. The trading history from April 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.04% . The trading delta at closing time against the current closing price is 0.76% . |
Matrix Service Fundamentals Correlations and Trends
By evaluating Matrix Service's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Matrix Service's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Matrix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Matrix Service Stock history
Matrix Service investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Matrix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Matrix Service will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Matrix Service stock prices may prove useful in developing a viable investing in Matrix Service
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 27.4 M | 25 M | |
| Net Loss | -47.1 M | -44.8 M |
Matrix Service Quarterly Net Working Capital |
|
Matrix Service Stock Technical Analysis
Matrix Service technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Matrix Service Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Matrix Service Co cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Matrix Service November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Matrix Service stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Matrix Service shares will generate the highest return on investment. By undertsting and applying Matrix Service stock market strength indicators, traders can identify Matrix Service Co entry and exit signals to maximize returns
Matrix Service Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matrix Service's price direction in advance. Along with the technical and fundamental analysis of Matrix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Matrix to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1315 | |||
| Jensen Alpha | 0.2725 | |||
| Total Risk Alpha | 0.0257 | |||
| Sortino Ratio | 0.2035 | |||
| Treynor Ratio | 0.2469 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Matrix Stock Analysis
When running Matrix Service's price analysis, check to measure Matrix Service's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Matrix Service is operating at the current time. Most of Matrix Service's value examination focuses on studying past and present price action to predict the probability of Matrix Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matrix Service's price. Additionally, you may evaluate how the addition of Matrix Service to your portfolios can decrease your overall portfolio volatility.