Mattr Corp's stock has seen a positive uptick this week, buoyed by strong quarterly results and strategic moves.
This week, Mattr Corp (MATR.TO) experienced a notable increase in its stock price, closing at C$19.30, which is a 1.33% gain for the day and a 7.04% rise over the week. The company reported significant growth in its second-quarter financial results, contributing to a bullish sentiment among investors.
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Mattr Corp
MATR.TO
MATR.TO
Mattr Corp
WealthAwesomeMarket cap
$1.15B
P/E
36.8x
52W high
$19.66
52W low
$7.27
1W change
+7.04%
Beta
0.11
Analyst Price Targets
Based on analyst covering MATR
Wall Street analysts forecast MATR stock price to rise 26.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$24.07
+26.7% Upside
Current Price
C$19.00
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MATR's historical volatility
30-Day Vol
47.1%
Annualized
90-Day Vol
64.4%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$22.71
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$20.17 | C$17.14 โ C$23.72 |
| 60 trading days | C$21.40 | C$17.01 โ C$26.93 |
| 90 trading days | C$22.71 | C$17.14 โ C$30.10 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should note Mattr Corp's strong performance in the energy sector, highlighted by record revenue and an improved outlook, while also considering the company's recent strategic initiatives.
Mattr Corp's stock has surged 140.81% year-to-date.
The impressive year-to-date performance reflects strong demand for Mattr's offerings and effective management strategies.
Bull case
The recent financial results show robust growth and operational efficiency, positioning Mattr Corp favorably within the energy sector. The companyโs record revenue and improved EBITDA indicate that it is effectively capturing market opportunities and managing its resources well.
Bear case
Despite the positive results, Mattr Corp's profit margin is relatively low at 2.1%. This raises concerns about the company's long-term sustainability and its ability to maintain profitability in a competitive market.
Price Action
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Mattr Corp's stock closed at C$19.30, marking a 1.33% increase for the day and a 7.04% gain over the week. Year-to-date, the stock has appreciated by 140.81%, reflecting strong momentum in the energy sector.
Recent Company News
This week, Mattr Corp announced record revenue and adjusted EBITDA for the second quarter of 2026, fueled by sequential growth and margin expansion. The company also provided a preliminary update indicating that its performance significantly exceeded expectations, driven by stronger order capture and operational efficiency improvements. Additionally, Mattr received approval for the renewal of its normal course issuer bid, allowing for the purchase of up to 4,991,584 common shares for cancellation, which represents approximately 10% of the company's public float.
Technical Picture
From a technical perspective, Mattr Corp's stock is currently trading above its 50-day moving average of C$16.53, representing a 16.8% increase. The stock is also significantly above its 200-day moving average of C$11.11, which is 73.7% higher. The 52-week range for the stock is between C$7.27 and C$19.66, indicating that it is trading at approximately 97% of its range. With a beta of 0.11, Mattr Corp is considered to have lower volatility compared to the broader market. The latest trading volume was 194,946 shares, which is below the 20-day average volume of 279,301 shares, suggesting a decrease in trading activity relative to the recent past.
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