Matson Inc (MATX) experienced unusually high volume on Dec. 21, as the stock lost 3.73% to a closing price of $42.10. The stock saw 601,381 shares trade hands over the course of the day on 4,665 trades. Given that the stock’s average daily volume over the last month has been 283,443 shares a day, this represents a pretty substantial spike over the norm.
Matson Inc has a P/B ratio of 4.25. It also has a P/E ratio of 17.8. The stock has traded between $53.18 and $32.41 over the last 52-weeks, its 50-day SMA is now $47.80, and its 200-day SMA $42.28.
Matson Inc is a holding company, consisting of two segments, ocean transportation and logistics. The Company also provides container stevedoring, container equipment maintenance and other terminal services for MatNav and other ocean carriers.
Headquartered in Honolulu, HI, Matson Inc has 1,056 employees and is currently under the leadership of CEO Matthew J. Cox.
For a complete fundamental analysis analysis of Matson Inc, check out Equities.com’s Stock Valuation Analysis report for MATX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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