Minerals Technologies (NYSE:MTX) has been downgraded from Overweight to Sector Weight in a statement by KeyBanc Capital Markets earlier today.
- Updated: September 19, 2016
Displaying a price of $66.04, Minerals Technologies (NYSE:MTX) traded 0.00% even on the day. The last stock close is up 9.14% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. The company has been tracking to a 50-day average of $68.68 and two hundred day average of $60.51. 0 shares of MTX exchanged hands, down from ann average volume of 178,783
KeyBanc Capital Markets has downgraded Minerals Technologies(NYSE:MTX) from Overweight to Sector Weight in a report released 9/19/2016.
Recent Performance Graphic:
A total of 4 brokerages have issued a ratings update on MTX. Zero rate the company a strong buy, four analysts rate the stock a buy, one analyst rate the stock a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a consensus target stock price of $69.25
Minerals Technologies has a price-earnings of 23 with a 52 week low of $35.89 and a 52 week high of $72.54 and has a total market value of $0.0.
About Minerals Technologies (NYSE:MTX)
Minerals Technologies Inc. is a resource-and technology-based company that develops, produces and markets worldwide a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. It has five segments. The Specialty Minerals, Performance Materials, and Construction Technologies segments produce and sell products and technologies based primarily upon the mineral products calcium carbonate, bentonite, talc, chromite and leonardite. These products are used principally in the paper, metalcasting, building materials, paints and coatings, consumer products, ceramic, polymer, and food and pharmaceutical industries. The Refractories segment produces monolithic refractory materials and specialty products, services and application equipment used by the steel, non-ferrous metal and glass industries. The Energy Services segment provides produced water treatment, and filtration and well-testing services to both on-shore and off-shore oil and gas producers.
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