The stock of Mattersight Corp (NASDAQ:MATR) hit a new 52-week low and has $2.85 target or 11.00% below today’s $3.20 share price. The 5 months bearish chart indicates high risk for the $82.41M company. The 1-year low was reported on Nov, 3 by Barchart.com. If the $2.85 price target is reached, the company will be worth $9.07 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 18.99% or $0.75 during the last trading session, hitting $3.2. About 349,815 shares traded hands or 1213.07% up from the average. Mattersight Corp (NASDAQ:MATR) has risen 1.02% since April 1, 2016 and is uptrending. It has underperformed by 0.19% the S&P500.
Mattersight Corp (NASDAQ:MATR) Ratings Coverage
Out of 2 analysts covering Mattersight (NASDAQ:MATR), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $10 is the highest target while $8 is the lowest. The $9 average target is 181.25% above today’s ($3.2) stock price. Mattersight has been the topic of 3 analyst reports since November 5, 2015 according to StockzIntelligence Inc. The firm has “Mkt Outperform” rating given on Tuesday, December 15 by JMP Securities. The stock of Mattersight Corp (NASDAQ:MATR) has “Buy” rating given on Thursday, November 5 by Lake Street.
According to Zacks Investment Research, “Mattersight Corporation, formerly known as eLoyalty Corporation, operates as an enterprise analytics service provider. The Company’s Behavioral Analytics service captures, analyzes, and creates insight from unstructured conversations, emails, employee desktop activity, and customer data. Services offered by the Company is applicable in improving call center performance, increase customer satisfaction and customer retention, reduce fraud, and streamline back office operations. Mattersight Corporation is based in Lake Forest, Illinois.”
Insitutional Activity: The institutional sentiment increased to 0.85 in 2016 Q2. Its up 0.14, from 0.71 in 2016Q1. The ratio increased, as 14 funds sold all Mattersight Corp shares owned while 6 reduced positions. 2 funds bought stakes while 15 increased positions. They now own 10.47 million shares or 6.62% less from 11.21 million shares in 2016Q1.
Fmr Lc last reported 1.25 million shares in the company. Savings Bank Of New York Mellon Corporation accumulated 0% or 16,073 shares. Renaissance Technology Limited accumulated 444,500 shares or 0% of the stock. California Employees Retirement holds 35,227 shares or 0% of its portfolio. Ladenburg Thalmann Inc holds 88 shares or 0% of its portfolio. The Texas-based Dimensional Fund Advsrs Limited Partnership has invested 0% in Mattersight Corp (NASDAQ:MATR). The New York-based Goldman Capital Management Incorporated has invested 5.5% in Mattersight Corp (NASDAQ:MATR). Group Inc Incorporated One Trading L P holds 0% or 9,900 shares in its portfolio. The New Jersey-based Blackrock Invest Mgmt Lc has invested 0% in Mattersight Corp (NASDAQ:MATR). Comml Bank Of America Corporation De holds 0% of its portfolio in Mattersight Corp (NASDAQ:MATR) for 302 shares. Investor Ab reported 2.72M shares or 0.79% of all its holdings. Ironwood Management Ltd owns 158,370 shares or 0.46% of their US portfolio. Blue Clay Mngmt Ltd Liability Company last reported 0.11% of its portfolio in the stock. Moreover, Blackrock Institutional Na has 0% invested in Mattersight Corp (NASDAQ:MATR) for 279,233 shares. Prescott Grp Inc Capital Mgmt Limited Company holds 1.49% or 1.60 million shares in its portfolio.
Another recent and important Mattersight Corp (NASDAQ:MATR) news was published by Marketwatch.com which published an article titled: “Mattersight Corp.” on June 05, 2011.
MATR Company Profile
Mattersight Corporation, incorporated on May 11, 1999, offers behavioral analytics and provides personality software products. The Firm uses various applications, including predictive behavioral routing, performance management, quality assurance and predictive analytics (collectively, Behavioral Analytics) to analyze and predict customer behavior based on the language exchanged between agents and clients during brand interactions. The Firm operates through the Behavioral Analytics segment. The Company’s multi-channel technology captures the unstructured data of voice interactions (conversations), related customer and employee data, and employee desktop activity, and applies various algorithms against those interactions.
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