Materion (NYSE:MTRN) Receives Daily Media Impact Rating of 0.17

News stories about Materion (NYSE:MTRN) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Materion earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 45.6220191317321 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of analysts recently commented on MTRN shares. BidaskClub raised shares of Materion from a “hold” rating to a “buy” rating in a report on Tuesday, October 31st. Jefferies Group reissued a “hold” rating and set a $36.00 price objective on shares of Materion in a research note on Thursday, October 12th. Zacks Investment Research lowered shares of Materion from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. ValuEngine lowered shares of Materion from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, KeyCorp restated a “hold” rating on shares of Materion in a research note on Monday, November 13th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $51.00.

Materion (MTRN) traded down $1.00 during trading on Friday, reaching $48.45. 168,708 shares of the company’s stock traded hands, compared to its average volume of 134,326. The firm has a market cap of $996.16 and a PE ratio of 37.73. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.48 and a current ratio of 3.42. Materion has a 52-week low of $31.05 and a 52-week high of $53.92.

In other news, Director Craig S. Shular sold 5,267 shares of Materion stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $52.73, for a total value of $277,728.91. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard J. Hipple sold 4,364 shares of Materion stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $49.64, for a total transaction of $216,628.96. Following the completion of the transaction, the director now directly owns 37,760 shares in the company, valued at approximately $1,874,406.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,344 shares of company stock worth $1,778,282. 2.90% of the stock is owned by corporate insiders.

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About Materion

Materion Corporation, through its subsidiaries, is an integrated producer of engineered materials used in a range of electrical, electronic, thermal, and structural applications. The Company operates in four segments: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other.

Insider Buying and Selling by Quarter for Materion (NYSE:MTRN)

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