Matson, Inc. (MATX)in Focus: Stock Moves 6.0% Higher – Tale of the Tape

Zacks

Matson, Inc. (MATX) was a big mover last session, as the company saw its shares rise 6% 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 16.57% since Jun 24.

None of the estimates for this stock were revised over the last 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Matsoncarries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the trans-servicesindustry include GrupoAeroportuariodel Centro Norte, S.A.B. de C.V. (OMAB), GrupoAeroportuario del Pacifico S.A.B. de CV (PAC) and CH Robinson Worldwide Inc. (CHRW). While, GrupoAeroportuariodel Centro Norte and GrupoAeroportuario del Pacifico sport a Zacks Rank #1 (Strong Buy), Robinson Worldwide holds a Zacks Rank #2 (Buy).

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