MPTI Stock Trades Near 52-Week High: Is It Still Worth Buying?

M-tron Industries, Inc. (MPTI) caught the attention of investors recently with its stock trading near a 52-week high. In the past two trading sessions, the stock hovered around $46 per share, closing at $43.50 on Monday — just below its 52-week peak of $46.51 reached on Oct. 3. Shares of MPTI have rallied 28.8% in the past month compared with a 14% rise in the Zacks Engineering - R and D Services industry. The stock has also surpassed the broader Construction sector's growth of 7% and the S&P 500's 5.4% ris ...