NYSE:MATXShipping
Has The Recent Rally Left Matson (MATX) Trading Close To Its Estimated Fair Value?
Are you wondering whether Matson at around US$160.66 is offering fair value today, or if the recent run has left the stock looking stretched for new investors like you?
The share price has seen a 21.7% return over the last 30 days, on top of a 29.9% return year to date and 142.2% over 3 years. However, the last 7 days show a 2.8% decline that may have some investors reassessing the balance of risk and opportunity.
Recent attention on Matson has centered on its position in US shipping and...