Sidoti upgraded MTS Systems (NASDAQ:MTSC) from Neutral to Buy in a statement released earlier today.
- Updated: October 13, 2016
Yesterday MTS Systems (NASDAQ:MTSC) traded 2.75% higher at $42.57. The company’s 50-day moving average is $46.80 and its two hundred day average is $48.78. With the last close down -10.34% relative to the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 113,764 shares of MTS Systems exchanged hands, down from an average trading volume of 142,635
Sidoti has upgraded MTS Systems (NASDAQ:MTSC) from Neutral to Buy in a statement released on 10/13/2016.
Recent Performance Chart
With a total market value of $0, MTS Systems has PE ratio of 21.24 with a one year low of $41.53 and a one year high of $68.28 .
A total of 3 equity analysts have released a ratings update on MTS Systems. zero brokers rating the stock a strong buy, 1 brokerage rating the stock a buy, 3 firms rating the stock a hold, zero analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $59.33.
General Information About MTS Systems (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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