NEW YORK (
Matthews International Corporation
) hit a new 52-week high Wednesday as it traded at $37.48 compared with its previous 52-Week high of $37.46. Matthews International is changing hands at $37.48 with 61,723 shares traded as of 3:51 p.m. ET. Average volume has been 116,700 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 5.8% year to date as of the close of trading on Tuesday.
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 15.9, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 16.1.
- Practice your MATW trading strategies and win cash in our stock game.
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 also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full
52-week high stocks
or get investment ideas from our