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14.5% Return Seen to Date on SmarTrend Matson Inc Call (MATX)

By David Diaz

SmarTrend identified an Uptrend for Matson Inc (NYSE:MATX) on February 15th, 2019 at $34.76. In approximately 3 months, Matson Inc has returned 14.52% as of today's recent price of $39.80.

In the past 52 weeks, shares of Matson Inc have traded between a low of $30.60 and a high of $41.96 and are now at $39.80, which is 30% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

Matson Inc., is involved in transportation and logistics. The Company offers multimodal transportation services to the North American market, including domestic and international rail intermodal service, long haul and regional highway brokerage, supply chain services and LTL transportation services, as well as third-party logistics services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Matson Inc shares.

Log in and add Matson Inc (MATX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights matson inc

Ticker(s): MATX