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NEWS BITES US - NASDAQ
Matrix Service Company (NASDAQ:MTRX), the NASDAQ's 7th largest Oil & gas company by market cap, traded at its 412-day low of $7.23. The last time the price hit that level was on Oct 29.
Matrix Service's stock price has decreased 2.0c (0.3%) from its previous trading session to close at $7.57. Compared with the NASDAQ-100 Index which rose 374.7 points (2.4%) in the day, the relative price change was -2.6%.
There were 287,963 shares worth $2.2 million traded today. The fall was exacerbated by extraordinary volume of 4.8 times the average daily volume of 59,943 shares.
Quarterly Edition
Includes analysis of SEC Filings Form 13 F Sep 30. The Securities and Exchange Commission's (SEC) Form 13F is a quarterly report that is required to be filed by all institutional investment managers with at least $100 million in assets under management. It discloses their equity holdings. The analysis covers about 4,000 stocks which are mapped to about 5500 institutions.
Please download:
Next quarterly update - Inst Ownership analysis Dec 31: Feb 22, 2022
MTRX Stock Dashboard [traded in US Dollar, USD]
| Exchange | USNASDAQ | EPS (FY2021) | ($1) |
| Dec 15 close | $7.57 | Shares Outstanding | 26,770,000 |
| Ave Daily Volume | 59,943 shares | Institutional Ownership | 21,175,774 |
| 52-Week Range (In USD) | 7.23 - 16.32 | % of shares outstanding | 79.1% |
| Sector | Oil & Gas | % Held by 17 Insiders | 4.5% |
| Market Cap | $203 million | MTRX in Indices | NASDAQ Composite, NASDAQ Global Select Market Composite |
Institutional ownership updated after last SEC Filing on Nov 17
Cash Runway of 7 months:
Release Date: November 09, 2021
+ As per a report dated September 30, 2021 the Cash Burn of operating activities was $19,153,000 in the quarter ended September 30, 2021. This corresponds to an average Cash Burn Rate of $6,384,333 per month. To support this Cash Burn Rate, the cash balance of $62,278,000 as at September 30, 2021 should be adequate till July 20, 2022.The cash runway defined by the length of time to run out of money if it kept spending at its current rate of cash burn is 7 months and 7 days from today's date.
INDEX
SECTION 1 THE PAST QUARTER: SEC FILINGS
SECTION 2 THE PAST QUARTER: FINANCIALS, ESG
SECTION 3 THE PAST QUARTER: PRESS RELEASES...