Matrix Service (NASDAQ:MTRX – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02, Zacks reports. Matrix Service had a negative return on equity of 19.56% and a negative net margin of 4.46%. Matrix Service updated its FY 2025 guidance to EPS.
Matrix Service Trading Down 0.6 %
MTRX stock traded down $0.09 during midday trading on Wednesday, hitting $14.04. The company’s stock had a trading volume of 314,123 shares, compared to its average volume of 183,311. The firm’s 50-day moving average is $13.15 and its 200-day moving average is $11.71. Matrix Service has a 12 month low of $8.61 and a 12 month high of $15.45. The company has a market cap of $386.87 million, a PE ratio of -12.54 and a beta of 1.28.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Matrix Service from a “hold” rating to a “buy” rating in a research report on Tuesday, December 10th.
Matrix Service Company Profile
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.
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