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An announcement from Matrix Composites & Engineering Ltd ( (AU:MCE) ) is now available.
Matrix Composites & Engineering Ltd has announced the quotation of 874,817 ordinary fully paid securities on the ASX, effective from September 30, 2025. This move signifies the company’s strategic efforts to enhance its market presence and provide more investment opportunities, potentially strengthening its position within the industry and offering benefits to its stakeholders.
The most recent analyst rating on (AU:MCE) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Matrix Composites & Engineering Ltd stock, see the AU:MCE Stock Forecast page.
More about Matrix Composites & Engineering Ltd
Matrix Composites & Engineering Ltd operates in the engineering sector, focusing on the production of composite materials and engineering solutions. The company is known for its innovative products and services that cater to various industries, including oil and gas, defense, and transportation.
Average Trading Volume: 414,709
Technical Sentiment Signal: Hold
Current Market Cap: A$58.19M
For a thorough assessment of MCE stock, go to TipRanks’ Stock Analysis page.