NEW YORK (
Matthews International Corporation
) hit a new 52-week high Monday as it traded at $37.46 compared with its previous 52-Week high of $37.14. Matthews International is changing hands at $37.15 with 1,088 shares traded as of 9:31 a.m. ET. Average volume has been 125,100 shares over the past 30 days.
Matthews International has a market cap of $1.1 billion and is part of the
industry. Shares are up 6.1% year to date as of the close of trading on Friday.
Matthews International Corporation designs, manufactures, and markets memorialization products and brand solutions for the cemetery and funeral home industries in the United States, Mexico, Canada, Europe, Australia, and Asia. The company has a P/E ratio of 15.8, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 22.6.
TheStreet Ratings rates Matthews International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and growth in earnings per share. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full
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