Mattersight Corp. (MATR) Trading Down 8.1%
Shares of Mattersight Corp. (NASDAQ:MATR) fell 8.1% during mid-day trading on Tuesday . The company traded as low as $3.67 and last traded at $3.72, with a volume of 524,635 shares traded. The stock had previously closed at $4.05.
Separately, Zacks Investment Research upgraded shares of Mattersight Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, July 6th.
The firm has a 50-day moving average of $3.89 and a 200-day moving average of $4.10. The firm’s market capitalization is $103.72 million.
In related news, CEO Kelly D. Conway sold 40,000 shares of the company’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $3.97, for a total value of $158,800.00. Following the transaction, the chief executive officer now owns 1,123,518 shares in the company, valued at approximately $4,460,366.46. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Mattersight Corporation offers behavioral analytics and provides personality-based software products. The Company 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 customers during brand interactions.