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Matrixx Down on Unusually Heavy Volume
Matrixx Initiatives Inc. (MTXX - Snapshot Report) is down more than 1.5% on unusually high volume of 6 million, against the average of 929,065.
Matrixx earned a profit of 33 cents per share in its fiscal fourth quarter, beating estimates by 43.5%.
For the fiscal year ending March 2010, the consensus estimate increased 2 cents to $1.69 per share in the last 7 days.
This Zacks #1 Rank ("Strong Buy") company exceeded analysts' projections in each of the last 4 quarters with an average of 31.6%.
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| Market Summary | Nov 22, 2009 02:20 am ET |
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