(MATR) Mattr - Ratings and Ratios

Mattr Corp (TO:MATR) is a diversified materials technology company serving various industries globally, including transportation, communication, water management, energy, and electrification. The company operates through two primary segments: Composite Technologies and Connection Technologies. Composite Technologies produces flexible composite pipes, fiberglass reinforced plastic storage tanks, and stormwater management products, catering to the oil and gas, retail fuel, water, and wastewater markets. Connection Technologies manufactures heat-shrinkable products and low-voltage wires, cables, and connectors for industrial automation, control, and instrumentation applications.

The companys product portfolio is designed to meet the demands of a wide range of industries, with a strong presence in North America and a growing footprint in international markets. Mattr Corps rebranding from Shawcor Ltd. in January 2024 signifies a strategic shift towards a more diversified materials technology company, leveraging its expertise in composite materials and connection technologies.

Analyzing the , Mattr Corps stock has shown a relatively stable trend, with a current price of 11.83 CAD. The SMA20 and SMA50 are 10.65 and 10.16, respectively, indicating a positive short-term trend. The ATR of 0.49 represents a 4.18% daily price range, suggesting moderate volatility. The 52-week high and low prices are 18.03 and 9.06, respectively, indicating a potential for growth.

From a fundamental perspective, Mattr Corp has a market capitalization of 737.61M CAD, with a P/E ratio of 16.79 and a forward P/E of 13.87. The RoE of 7.42% indicates a relatively stable return on equity. Considering the and , a forecast for Mattr Corp could be as follows: given the current price is near the SMA200, and the short-term trend is positive, we can expect a moderate increase in the stock price in the near term. However, the P/E ratio and forward P/E suggest a relatively stable valuation. Therefore, a potential price target could be around 14-15 CAD in the next 6-12 months, representing a 15-20% increase from the current price.

This forecast is based on the assumption that the companys operational performance will continue to be stable, and the overall market conditions will remain favorable. Any significant changes in the oil and gas industry or global economic trends could impact the stocks performance. As a Trading Analyst, it is essential to continuously monitor the companys progress and adjust the forecast accordingly.