TheStreet upgraded Materion Corp (NYSE:MTRN) to Buy in a report released today.
- Updated: September 17, 2016
TheStreet has upgraded Materion Corp(NYSE:MTRN) to Buy in a statement released on Thursday August 18 2016.
On 8/27/2015, Stifel Nicolaus reported on Materion Corp(NYSE:MTRN) upped the target price from $0.00 to $24.00 that indicated a possible downside of -0.21%.
Displaying a price of $28.94, Materion Corp (NYSE:MTRN) traded 0.51% higher on the day. The last stock price is up 11.80% relative to the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. Materion Corp has registered a 50-day moving average of $28.27 and 200-day average of $26.43. 918,633 shares of MTRN traded hands, up from ann average volume of 121,028
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Materion Corp has a P/E of 24 with a 52 week low of $20.62 and a 52 week high of $35.21. MTRN’s market capitalization is currently $0.0.
About Materion Corp (NYSE:MTRN)
Materion Corporation is a holding company. The Company is an integrated producer of engineered materials used in a range of electrical, electronic, thermal and structural applications. The Company’s products are sold in markets, including consumer electronics, industrial components, medical, automotive electronics, energy, telecommunications infrastructure, defense and commercial aerospace. The Company’s segments include Performance Alloys and Composites, Advanced Materials and Other. The Performance Alloys and Composites segment include performance metals and technical materials. The Advanced Materials segment produces chemicals, microelectronics packaging, precious metal, non-precious metal and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, temperature braze materials and wire. The Other segment includes precision optics and large area coatings. The Company has operations in the United States, and Europe and Asia.
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