• Return to Headlines

Lowest PEG Ratio in the Oil & Gas Equipment & Services Industry Detected in Shares of Matrix Service (MTRX, HAL, MDR, NGS, BHI)

By Nick Russo

Below are the three companies in the Oil & Gas Equipment & Services industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

Matrix Service ranks lowest with a a PEG ratio of 0.00. Following is Halliburton with a a PEG ratio of 0.01. McDermott International ranks third lowest with a a PEG ratio of 0.01.

Natural Gas Services follows with a a PEG ratio of 0.03, and Baker Hughes rounds out the bottom five with a a PEG ratio of 0.03.

SmarTrend recommended that its subscribers protect gains by selling shares of Matrix Service on February 9th, 2017 by issuing a Downtrend alert when the shares were trading at $18.17. Since that call, shares of Matrix Service have fallen 54.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest peg ratio matrix service Halliburton mcdermott international amex:ngs natural gas services Baker Hughes

Ticker(s): MTRX HAL MDR BHI