Matthews International Corp (NASDAQ: MATW) has reported a loss for its fourth fiscal quarter (ending September 30) of $-2.21 versus $0.57 for the same period a year ago — a decline of -488%. For the latest four quarters through September 30, E.P.S. were $-1.93 versus $1.28 for the same period a year ago — a decline of -251%.
Recent Price Action
Matthews International Corp (NASDAQ: MATW) stock enjoyed a very large increase of 5.8% on 11/21/24. The shares closed at $25.49. Moreover, this advance was accompanied by exceptionally high trading volume at 209% of normal. Relative to the market the stock has been weak over the last nine months but has risen 6.5% during the last week.
Current PriceTarget Research Rating
Matthews International has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Matthews International has a neutral Appreciation Score of 47 but a very low Power Rating of 7, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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