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Materion (MTRN) in Focus: Stock Moves 11% Higher

Zacks Equity Research

Materion Corp. (MTRN) was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 30% in the past one-month time frame.

The company has seen one negative revision in the past 30 days while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump lasts.

Materion currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

However, some better-ranked stocks in the industrial metals and minerals industry include BHP Billiton Ltd. (BHP), Anglo American plc (AAUKY) and Antofagasta plc (ANFGY). While BHP Billiton sports a Zacks Rank #1 (Strong Buy), Anglo American and Antofagasta have a Zacks Rank #2 (Buy).

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MATERION CORP (MTRN): Free Stock Analysis Report

BHP BILLITON LTD (BHP): Free Stock Analysis Report

ANGLO AM PLC ADR (AAUKY): Free Stock Analysis Report

ANTOFAGASTA PLC SPN (ANFGY): Free Stock Analysis Report

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