Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Materion Corp before investing.

In this article, we go over a few key elements for understanding Materion Corp’s stock price such as:

• Materion Corp’s current stock price and volume
• Why Materion Corp’s stock price changed recently
• Upgrades and downgrades for MTRN from analysts
• MTRN’s stock price momentum as measured by its relative strength

About Materion Corp (MTRN)

Before we jump into Materion Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Materion Corporation provides advanced materials solutions for various industries, including semiconductor, industrial, aerospace and defense, energy and automotive. The Company’s segments include Performance Materials, Electronic Materials, Precision Optics, and Other. Performance Materials segment provides advanced engineered solutions comprised of beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes produced at manufacturing facilities located throughout the United States and Europe. Electronic Materials segment produces advanced 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, high temperature braze materials, and ultrapure wire. Precision Optics segment designs and produces precision thin film coatings, optical filters, and assemblies.

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Materion Corp’s Stock Price as of Market Close

As of July 11, 2024, 4:00 PM, CST, Materion Corp’s stock price was $110.82.

Materion Corp is up 5% from its previous closing price of $105.54.

During the last market session, Materion Corp’s stock traded between $104.92 and $106.46. Currently, there are 20.68 million shares of Materion Corp stock available for purchase.

Materion Corp’s price-earnings (P/E) ratio is currently at 26.4, which is low compared to the Metals & Mining - Diversified industry median of 26.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Materion Corp Stock Price History

Materion Corp’s (MTRN) price is currently up 2.49% so far this month.

During the month of July, Materion Corp’s stock price has reached a high of $111.60 and a low of $104.16.

Over the last year, Materion Corp has hit prices as high as $145.08 and as low as $92.23. Year to date, Materion Corp’s stock is up 26.64%.

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What Caused Materion Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 10, 2024, there were 4 analysts who downgraded Materion Corp’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Materion Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Materion Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Materion Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Materion Corp (MTRN) by visiting AAII Stock Evaluator.

Relative Price Strength of Materion Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 10, 2024, Materion Corp has a weighted four-quarter relative price strength of -10.51%, which translates to a Momentum Score of 36 and is considered to be Weak.

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Materion Corp Stock Price: Bottom Line

As of July 11, 2024, Materion Corp’s stock price is $110.82, which is up 5% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Materion Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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