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How to Buy Matrix Service Co Stock

Matrix Service Co

Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, mining, and minerals markets in the United States, Canada, South Korea, Australia, and internationally.

Matrix Service Co stock last closed at $13.03, down 2.54% from the previous day, and has increased 162.17% in one year. It has overperformed other stocks in the Engineering & Construction industry by 1.03 percentage points. Matrix Service Co stock is currently +174.89% from its 52-week low of $4.74, and -6.26% from its 52-week high of $13.90.

As of Mar 28, 2024, there are 27.3M MTRX shares outstanding. The market cap of MTRX is $355.78M. In the last 24 hours, 413,840 MTRX shares were traded.

How to Buy Matrix Service Co Stock

Not sure how to invest in Matrix Service Co stock? Here's how.
  1. Figure out where to buy Matrix Service Co stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Matrix Service Co stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Pick your method of payment and add your information.
  4. Research Matrix Service Co stock: The Matrix Service Co ticker symbol is MTRX. Is Matrix Service Co stock a good investment? Should you buy shares of MTRX? How do MTRX's underlying business fundamentals look? Do top analysts think Matrix Service Co is a good buy? Why has MTRX's stock price moved recently? (Hint: Our stock research tools can help you understand if MTRX is a good stock to buy).
  5. Execute your MTRX trade: Decide if you will purchase MTRX shares at the current market price or use a limit order to buy MTRX stock at a particular price.
  6. Watch your investment in MTRX: Create a watchlist to key updates about your investment in Matrix Service Co shares.

Step 1: Figure out where to buy Matrix Service Co stock

You will need an online brokerage account to access the NASDAQ market and buy MTRX shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal information so you are able to buy MTRX stock today.

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Step 3: Put funds into your brokerage account

Now that you've created your account on the highest rated stock app, your next step is to transfer the money for your investment:

Check out this video walkthrough to see the process of transferring funds into your investment account.

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Step 4: Research Matrix Service Co stock

After you have identified the best place to buy Matrix Service Co stock, it's absolutely critical to research their stock prior to investing, so you actually wrap your head around the risk and upside.

Matrix Service Co stock quick numbers

MTRX Price
$13.03
1w %
0.7%
1y %
162.17%
5y %
-34.23%
P/E
-18.61x
P/B
1.99x
P/S
0.47x
PEG
N/A
Revenue
$765.45M
Earnings
-$19.04M
Fore. Rev. Growth
8%
Fore. Earn. Growth
N/A
Market Cap
$355.78M
Next Earnings
May 6, 2024
Next Dividend
N/A

MTRX Overview

WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.

You can view all of the due diligence checks on MTRX's stock page.

Is MTRX stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MTRX's true value.

Using relative valuations measures:

  • MTRX could be undervalued based on its P/B ratio of 1.99x, relative to Engineering & Construction industry P/B ratio of 4.33x

You can access more valuation analysis on MTRX's stock here.

MTRX Financial Health Summary

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the MTRX balance sheet.
  • MTRX's operating cash flow of $28.56M allows it to safely service it's debt of $22.64M.
  • MTRX profit margin has gone up from -7.8% to -2.5% in the past year.
  • There are more short-term assets than short-term liabilities on the MTRX balance sheet.

Negative Health Checks:

  • MTRX earnings of -$18.05M is not sufficient to cover its interest payments.
  • Total MTRX debt is higher than 5 years ago, relative to shareholder equity.
  • MTRX has a relatively high debt to equity ratio of 1.26.

You can dig deeper into what analysts are saying on the Matrix Service Co stock forecast page.

MTRX Momentum

SMA10
13.14
SMA20
12.92
SMA50
11.56
SMA100
10.84
SMA200
9.6
MACD
0.43
MACD Signal
0.5
MACD Histogram
-0.07
RSI
58.62
Stochastic %K
62.95
Stochastic %D
66.41
StochRSI %K
35.26
StochRSI %D
35.44

Is MTRX Making Money?

Last year, MTRX revenue was $765.45M. Over the past five year, MTRX's revenue has increased by -8.57% per year. This was slower than the Engineering & Construction industry average of 10.77%.

Dive into MTRX's earnings and revenue performance here.

Are MTRX insiders buying or selling the stock?

In the last year, insiders at MTRX have sold more shares than they have bought.

Kevin A. Durkin, VP Chief Bus DevStrat Officer of MTRX, was the latest MTRX insider to sell. They sold $51,249.90 worth of MTRX stock on Mar 22, 2024.

Dig into more about who owns MTRX stock here.

Can I rely on MTRX as an income stream?

No, Matrix Service Co doesn't provide an income stream by paying out dividends.

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Step 5: Execute your MTRX trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.

Click the Open button and your broker will place the order.

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Step 6: Watch your investment in MTRX

Now that you own some MTRX shares, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to track your MTRX stock.

MTRX Feed

How to Buy Stock in Matrix Service Co

To summarize, here are the 6 steps to buy Matrix Service Co stock:

  1. Figure out where to buy Matrix Service Co stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Research Matrix Service Co stock
  5. Execute your MTRX trade
  6. Watch your investment in MTRX

If you require a brokerage account, eToro is our recommended option.

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If you want to get the latest scoop on your investment in Matrix Service Co, hit the button below to create your watchlist.

NASDAQ: MTRX
$13.03-0.34 (-2.54%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: MTRX
$13.03-0.34 (-2.54%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Matrix Service Co share?

As of Mar 28, 2024, it costs $13.03 to buy one share of Matrix Service Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.46 shares of MTRX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Matrix Service Co stock?

One way to place an order for Matrix Service Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.