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Eagle and Beagle

Don Mecoy: Eagle and Beagle
by Don Mecoy Modified: September 21, 2012 at 9:46 pm •  Published: September 23, 2012

Another example is this week's beagle, Tulsa-based Matrix Service Co., which slipped 6.9 percent last week to close Friday at $10.93.

Two weeks ago, Matrix also found itself as the worst-performing state-based stock. But in between these two sour weeks, MTRX shares gained a healthy 11.8 percent.

That earlier dip also came amid fairly strong trading, which is more reflective of a possible trend developing. That was not the case over the past five trading days.

The upshot is that Matrix is valued about where it was at the beginning of the summer, although off its springtime highs. Stick to the fundamentals with this firm, which provides construction and maintenance services mainly to the energy industry.

Eagle & Beagle a weekly look at the state's high-performing (eagle) and low-performing (beagle) stocks by Business Writer Don Mecoy.

by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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