Extremely important negative changes in investment behavior have recently occurred for Matthews International Corp (NASDAQ: MATW): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, its longer term price trend turned down, and negative upside/downside volume developed.
Matthews International Corp (NASDAQ: MATW). Marginal negative changes in fundamentals have recently occurred: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Matthews International has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Matthews International has a neutral Power Rating of 45 and a slightly negative Appreciation Score of 36, resulting in the Negative Value Trend Rating.
Recent Price Action
Matthews International Corp (NASDAQ: MATW) stock suffered a large decline of -6.7% on 2/10/25. The stock closed at $24.77. Moreover, this decline was accompanied by exceptionally high trading volume at 228% of normal. The stock has performed in line with the market over the last nine months and has declined -11.5% during the last week.
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