Matson Stock News

Matson Inc (MATX) shares closed today 11.2% higher than it did at the end of yesterday. The stock is currently down 2.6% year-to-date, up 22.9% over the past 12 months, and up 170.2% over the past five years. Today, the Dow Jones Industrial Average fell 0.8%, and the S&P 500 fell 0.6%. Trading Activity Shares traded as high as $90.76 and as low as $84.48 this week.Shares closed 4.1% below its 52-week high and 64.7% above its 52-week low.Trading volume this week was 5.2% higher than the 10-day average and 17.8% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.1. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index today, beats it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and beats it on a 5-year basis The company share price beats the performance of its peers in the Industrials industry sector today, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -138.6% The company's stock price performance over the past 12 months beats the peer average by -419.1% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -102.4% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Investors are looking for stalwarts in the storm.

Gainers: Matson (MATX) +10%. Aspen Aerogels (ASPN) +9%. Encore Wire (WIRE) +6%. Cross Country Healthcare (CCRN) +5%.

Shares of ocean transportation and logistics services provider, Matson, Inc. (MATX) are rising more than 10% Friday morning after reporting above 100% revenue growth in the fourth quarter.

Matson press release (MATX): Q4 GAAP EPS of $9.39 beats by $2.58.Revenue of $1.27B (+81.4% Y/Y) beats by $190M.Shares +3.01%.

HONOLULU, Feb. 17, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $394.5 million, or $9.39 per diluted share, for the quarter ended December 31, 2021. Net income for the quarter ended December…

Matson, Inc. (MATX) CEO Matt Cox on Q4 2021 Results - Earnings Call Transcript

Matson (NYSE:MATX) is scheduled to announce Q4 earnings results on Thursday, February 17th, after market close.The consensus EPS Estimate is $6.81 and the consensus Revenue Estimate…

The Dow Jones Transportation Average charged up 157 points, or 1.1%, in afternoon trading, but with just 9 of its 20 components gaining ground, to as the rally in Avis Budget Group Inc.''s stock provided the boost the index needed to buck the selloff in the broader stock market. The car rental company''s stock shot up 10.6% in afternoon trading, and the $19.18 price gain added roughly 117 points to the Dow transports'' price. Among other top transports gainers, shares of truck rental company Ryder System Inc. rallied 2.5% and railroad operator CSX Corp. advanced 1.5%. Shares of marine shipping company Matson Inc. shed 1.6% to pace the decliners. The Dow transports'' gains contrast with the weakness in the broader market indexes. The Dow Jones Industrial Average dropped 263 points, or 0.8%, with 26 of 30 components losing ground, the S&P 500 shed 0.8% and the Nasdaq Composite fell 0.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.

Upbeat segmental revenues are likely to have aided Matson's (MATX) Q4 performance.

Matson (MATX) closed the most recent trading day at $91, moving -0.28% from the previous trading session.

The Dow Jones Transportation Average is taking a 229-point, or 1.5% dive, in afternoon trading, with 18 of 20 components trading lower, despite the rallies in the broader stock market indexes. Leading the transports lower, shares of trucker Old Dominion Freight Inc. sank 5.1%, marine shipping company Matson Inc. shed 4.9%, air carrier American Airlines Group Inc. dropped 1.9% and railroad operator Norfolk Southern Corp. was down 1.9%. For the two gainers, shares of car rental company Avis Budget Group Inc. advanced 2.8% and diesel engine maker Kirby Corp. tacked on 0.6%. Meanwhile, the Dow Jones Industrial Average gained 23 points, or 0.1%, while the S&P 500 rose 0.7% and the Nasdaq Composite climbed 1.8%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Matson Inc (MATX) shares closed 0.8% higher than its previous 52 week high, giving the company a market cap of $4B. The stock is currently up 8.5% year-to-date, up 65.7% over the past 12 months, and up 205.6% over the past five years. This week, the Dow Jones Industrial Average rose 2.1%, and the S&P 500 rose 2.3%. Trading Activity Trading volume this week was 108.1% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Industrials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 92.3% The company's stock price performance over the past 12 months beats the peer average by 66.8% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -4265.8% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.