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Enter Symbol:
Rating: MTCH
Overweight $17

Matech Corp Cl A (OTCBB: MTCH) rated to Overweight with price target $17 by Barclays

Monday,  Dec 14, 2015  4:25 PM ET by Lynn Gilbert

Barclays rated Matech Corp
Cl A (OTCBB: MTCH) to Overweight with price target $17.

Matech Corp., formerly Material Technologies, Inc., is a development stage company engaged in developing devices and systems that indicate the status of fatigue damage in a metal component. The Company has developed two products, such as Fatigue Fuse, a device that continuously integrates the effect of fatigue loading in a structural member, and Electrochemical Fatigue Sensor (EFS), an instrument that detects very small cracks in metals. The Fatigue Fuse is a thin piece of metal similar to the material being monitored. It consists of a series of parallel metal strips connected to a common base, much as fingers are attached to a hand. The EFS is a device that employs the principle of electrochemical/mechanical interaction of metals under repeated loading to find growing cracks.


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