Materion traded at $135.99 this Friday March 13th, decreasing $2.41 or 1.74 percent since the previous trading session. Looking back, over the last four weeks, Materion lost 11.30 percent. Over the last 12 months, its price rose by 59.07 percent. Looking ahead, we forecast Materion to be priced at 131.88 by the end of this quarter and at 120.29 in one year, according to Trading Economics global macro models projections and analysts expectations.
Materion Corporation, through its subsidiaries, is an integrated producer of engineered materials used in a range of electrical, electronic, thermal, and structural applications. The Company's segments include Performance Alloys and Composites, Advanced Materials, and Precision Optics. Its Performance Alloys and Composites provides engineered solutions comprised of beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes. Its Advanced Materials produces chemicals, microelectric packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal preforms, high temperature braze materials, and ultra-fine wire. Its Precision Optics produces thin film coatings, optical filter materials, sputter-coated, and precision-converted thin film materials.