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News Watch-List: Matson (NYSE:MATX) to release its financial results for the third quarter on Thursday

Matson (NYSE:MATX) stock identified change of 27.35% away from 52-week low price and recently located move of -7.56% off 52-week high price. It has market worth of $1670.25M and dividend yield of 2.26%. MATX stock has been recorded 4.52% away from 50 day moving average and 5.46% away from 200 day moving average. Moving closer, we can see that shares have been trading 5.19% off 20-day moving average.

 Matson (NYSE:MATX) a leading U.S. carrier in the Pacific,  announced that it will release its financial results for the third quarter on Thursday, November 7, 2019. About the Company

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.  Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia.  Matson also operates a premium, expedited service from China to Long Beach, California and provides services to Okinawa, Japan and various islands in the South Pacific.  The Company’s fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and various types of barges.  Matson Logistics, established in 1987, extends the geographic reach of Matson’s ocean transportation network throughout the continental U.S.  Its integrated, asset-light logistics services include rail intermodal services, long-haul and regional highway brokerage, warehousing and distribution services, consolidation and freight forwarding services, supply chain management services, and other services. 

 The Services sector company, Matson noticed change of 1.72% to $38.97 along volume of 139875 shares in recent session compared to an average volume of 154.94K. The stock observed return of 2.77% in 5 days trading activity. The stock was at 2.50% over one month performance. MATX’s shares are at -4.04% for the quarter and driving a 18.49% return over the course of the past year and is now at 21.71% since this point in 2018. 

 The average volatility for the week at 2.54% and for month was at 2.39%. There are 42.86M shares outstanding and 42.27M shares are floated in market. Right now the stock beta is 1.59. 

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