Materion is Among the Companies in the Diversified Metals & Mining Industry With the Highest Sales per Share (MTRN, WLT, ACO)

Published on Thu, 02/07/2013 - 11:28
By Robert Cotter in Fast Lane, ACO, MTRN, WLT, amcol international, highest sales per share, materion, nasdaq:mtrn, nyse:aco, nyse:wlt, walter energy

Below are the three companies in the Diversified Metals & Mining industry with the highest sales per share. Sales per share is a valuable metric in comparing relative value for companies in the same industry.

Materion (NASDAQ:MTRN) is highest with sales per share of $63.96. Materion produces and supplies high-performance engineered materials. The Company provides beryllium, beryllium alloys and electronic products, as well as engineered material systems.

Materion has overhead space with shares priced $27.97, or 12.6% below the average consensus analyst price target of $32.00. The stock should find initial support at its 50-day moving average (MA) of $25.00 and further support at its 200-day MA of $22.85.

Walter Energy (NYSE:WLT) is next with sales per share of $41.93.

Finishing up the top three is AMCOL International (NYSE:ACO), with sales per share of $30.75.

By Robert Cotter
rcotter@fnno.com

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