Q: MATR seems to be slowly recovering, is it a good entry point?
5i Research Answer:
MATR is beginning to trend sideways over the past month, but the overall trend is still quite negative. Earnings growth rates are trending lower, and so are analyst estimates. It trades at a decent valuation of 0.4X forward sales and 20X forward earnings, but we are not huge fans of the recent negative momentum, and we would prefer to see the stock begin to hit 'higher highs and higher lows' before getting interested here.