Matrix Service Co (MTRX) Files Form 4 Insider Selling : Kevin S Cavanah Sells 2,600 Shares

Matrix Service Co (MTRX): Kevin S Cavanah , VP Finance & CFO of Matrix Service Co sold 2,600 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $18.97 per share for a total value of $49,322.52 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 14, 2016, John R Hewitt (President & CEO) sold 15,957 shares at $19.02 per share price.On Sep 13, 2016, James P Ryan (President, Matrix Service) sold 2,150 shares at $19.07 per share price.Also, On May 13, 2016, James Harry Miller (director) purchased 325 shares at $15.10 per share price.On May 13, 2016, Jim W Mogg (director) purchased 10,000 shares at $15.15 per share price.

Matrix Service Co: On Monday, Sep 12, 2016 heightened volatility was witnessed in Matrix Service Co which led to swings in the share price. The shares opened for trading at $18.55 and hit $19.065 on the upside , eventually ending the session at $18.97, with a gain of 1.66% or 0.31 points. The heightened volatility saw the trading volume jump to 167,504 shares. The 52-week high of the share price is $26.22 and the company has a market cap of $503 M . The 52-week low of the share price is at $14.07.

Matrix Service Co Money Flow Index Chart

Matrix Service Company provides engineering fabrication infrastructure construction and maintenance services primarily to the oil gas power petrochemical industrial mining and minerals markets. The Company’s Electrical Infrastructure segment primarily provides construction and maintenance services to a range of power generation facilities such as combined cycle plants and renewable energy installations. The Oil Gas & Chemical segment includes its traditional turnaround activities plant maintenance services and construction in the downstream petroleum industry. Its Storage Solutions segment includes new construction of crude and refined products aboveground storage tanks (ASTs) as well as maintenance services. The Industrial segment includes construction and maintenance work in the iron and steel and mining and minerals industries bulk material handling and fertilizer production facilities as well as work for clients in other industrial markets.

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