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How to buy Matrix Composites & Engineering (MCE) shares

Learn how to easily invest in Matrix Composites & Engineering shares.

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Matrix Composites & Engineering is an engineering & construction business based in Australia. Matrix Composites & Engineering shares (MCE) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Matrix Composites & Engineering has a trailing 12-month revenue of around $23.3 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Matrix Composites & Engineering

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Matrix Composites & Engineering . Find the share by name or ticker symbol: MCE. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Matrix Composites & Engineering reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check on your investment. Congratulations, you own a part of Matrix Composites & Engineering . Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Matrix Composites & Engineering stock price (ASX:MCE)

Use our graph to track the performance of MCE stocks over time.

Matrix Composites & Engineering shares at a glance

Information last updated 2022-06-28.
52-week range$0.12 - $0.25
50-day moving average $0.1582
200-day moving average $0.1717
Target price$0.45
PE ratio N/A
Dividend yield $0 (0%)
Earnings per share (TTM) $-0.24

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Is it a good time to buy Matrix Composites & Engineering stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Matrix Composites & Engineering price performance over time

Historical closes compared with the last close of A$0.145

1 week (2022-06-24) -9.38%
1 month (2022-06-02) 3.57%
3 months (2022-04-01) -17.14%
6 months (2021-12-31) -14.71%
1 year (2021-07-02) -3.33%
2 years (2020-07-02) -9.38%
3 years (2019-07-02) -54.69%
5 years (2017-06-30) -64.20%

Matrix Composites & Engineering financials

Revenue TTM $23.3 million
Gross profit TTM $-2,828,000
Return on assets TTM -10.08%
Return on equity TTM -270.57%
Profit margin -106.79%
Book value 0.224
Market capitalisation $22.6 million

TTM: trailing 12 months

Matrix Composites & Engineering share dividends

We're not expecting Matrix Composites & Engineering to pay a dividend over the next 12 months.

Matrix Composites & Engineering share price volatility

Over the last 12 months, Matrix Composites & Engineering 's shares have ranged in value from as little as $0.12 up to $0.25. A popular way to gauge a stock's volatility is its "beta".

MCE.AU volatility(beta: 1.14)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Matrix Composites & Engineering 's is 1.1426. This would suggest that Matrix Composites & Engineering 's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

Matrix Composites & Engineering overview

Matrix Composites & Engineering Ltd, together with its subsidiaries, designs, manufactures, sells, and engineers composite and material technology solutions to the oil and gas, civil and infrastructure, resources, defense, and transportation industries in Australia and internationally. It offers autonomous underwater vehicles/unmanned underwater vehicles buoyancy, distributed buoyancy clamping systems, drill riser buoyancy systems, matrix longitudinal groove system (LGS) riser buoyancy system, and Matrix LGS surf systems, as well as modular installation buoyancy systems comprising buoyancy balls and cuboids, buoyancy tablets, and ISOBLOX block system for mooring and large offshore installation tasks. The company also provides well construction and completion products, such as matrix conductor centralizers for fixed platform wells; matrix riser sealing mandrel; and Max R low friction centralizers for well and drilling completions. In addition, it offers Humidur, a solvent free epoxy coating; Matrix Fibrenetic, a rapid installation, lightweight carbon fiber repair system to remediate corroded structures; Matrix MarineShield, a wraparound corrosion protection system for the preservation of pipelines, risers, piles, and other critical field infrastructure; and Matrix Rotolining, a corrosion and abrasion resistant for chemical, water, and slurry applications. Further, the company provides SOLSAN, a bulk hand sanitizer dispenser unit; Kinetica dropped object protection cells for protecting critical equipment and work site areas from dropped objects; Kinetica, a lightweight syntactic foam; and Paragon, a range of epoxies and grouts for applications in construction, marine, and mineral processing. The company was founded in 1980 and is headquartered in Henderson, Australia.

Matrix Composites & Engineering in the news

There are no recent company news

Frequently asked questions

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