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Matson (MATX) Looks Good: Stock Adds 8.8% in Session
Matson, Inc. (MATX - Free Report) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up 20.6% in the past one-month time frame.
The company has seen four positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Matson. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Matson currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Matson, Inc. Price
Matson, Inc. Price | Matson, Inc. Quote
Investors interested in the Transportation - Services industry may consider DSV A/S (DSDVY - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is MATX going up? Or down? Predict to see what others think:Up or Down
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