M-tron Industries (NYSEAMERICAN:MPTI) Stock Price Up 0.8% – Time to Buy?

M-tron Industries, Inc. (NYSEAMERICAN:MPTIGet Free Report)’s share price was up 0.8% on Thursday . The stock traded as high as $63.82 and last traded at $62.88. Approximately 34,058 shares traded hands during trading, a decline of 8% from the average daily volume of 36,979 shares. The stock had previously closed at $62.41.

Analyst Ratings Changes

Separately, Atrium Research upgraded shares of M-tron Industries to a “strong-buy” rating in a research report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company currently has an average rating of “Strong Buy”.

Get Our Latest Analysis on M-tron Industries

M-tron Industries Price Performance

The stock has a 50 day simple moving average of $57.24 and a 200-day simple moving average of $51.97. The firm has a market cap of $184.24 million, a PE ratio of 25.67, a PEG ratio of 0.83 and a beta of 0.77.

M-tron Industries (NYSEAMERICAN:MPTIGet Free Report) last posted its quarterly earnings results on Wednesday, November 12th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.06. The firm had revenue of $14.17 million for the quarter, compared to analysts’ expectations of $13.91 million. M-tron Industries had a net margin of 13.51% and a return on equity of 21.02%. As a group, equities analysts predict that M-tron Industries, Inc. will post 2.47 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MPTI. State of Alaska Department of Revenue purchased a new stake in M-tron Industries in the fourth quarter worth approximately $26,000. Acuitas Investments LLC bought a new position in shares of M-tron Industries during the 3rd quarter valued at $140,000. Worth Venture Partners LLC purchased a new position in shares of M-tron Industries in the 3rd quarter worth $392,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of M-tron Industries in the third quarter worth $63,000. Finally, Two Sigma Investments LP increased its position in M-tron Industries by 228.0% during the third quarter. Two Sigma Investments LP now owns 21,700 shares of the company’s stock valued at $1,204,000 after acquiring an additional 15,085 shares during the last quarter. Institutional investors own 23.31% of the company’s stock.

M-tron Industries Company Profile

(Get Free Report)

M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high‐performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi‐circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements.

These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation.

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