Mativ Holdings Inc (NYSE: MATV) stock enjoyed a major increase of 17.2% on 12/1/23. The shares closed at $13.71. Moreover, trading volume in this advance was unusually high at 183% of normal. The stock has been weak relative to the market over the last nine months but has risen 7.9% during the last week.
Current PriceTarget Research Rating
MATV is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Mativ Holdings has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Mativ Holdings has a good Appreciation Score of 75 but a very low Power Rating of 9, and the Negative Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment