MTS Systems Corporation (NASDAQ:MTSC) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 11, 2016
Zacks Investment Research has upgraded MTS Systems Corporation (NASDAQ:MTSC) to Hold in a report released on 10/12/2016.
Yesterday MTS Systems Corporation (NASDAQ:MTSC) traded -3.17% lower at $42.49. The company’s 50-day moving average is $47.01 and its 200-day moving average is $48.83. The last closing price is down -12.98% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 105,646 shares of the stock traded hands, down from an average trading volume of 142,925
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MTS Systems Corporation has a 52 week low of $41.68 and a 52 week high of $68.28 with a P/E ratio of 20.64 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokers have issued a research note on the company. The average stock price target is $59.33 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About MTS Systems Corporation (NASDAQ:MTSC)
MTS Systems Corporation (MTS) is a global supplier of test systems and position sensors. The Company's operations are organized and managed in two business segments: the Test segment and the Sensors. Testing segment's testing hardware, software and services solutions help customers improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. Test also sells a range of accessories and spare parts, as well as services, including installation, calibration, maintenance, training and consulting. MTS' sensors segment provides controls for a range of industrial and vehicular applications. The segment's customer industries include manufacturers of plastic injection molding machines, steel mills, fluid power, oil and gas, medical, wood product processing equipment, mobile equipment, and energy.
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