Alert: Major Price Advance (11/22/24)-Matthews International Corp (NASDAQ: MATW).

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Matthews International Corp (NASDAQ: MATW) stock closed at $30.84 on 11/22/24 after a major increase of 21.0%. Moreover, exceptionally high trading volume at 355% of normal accompanied the advance. The stock has risen 30.1% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Matthews International has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Matthews International has a slightly negative Appreciation Score of 37 and a very low Power Rating of 8, leading to the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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