Johnson Matthey (OTCMKTS:JMPLY) Sees Large Volume Increase – Time to Buy?

Johnson Matthey PLC (OTCMKTS:JMPLY) saw unusually-strong trading volume on Monday . Approximately 7,099 shares traded hands during mid-day trading, an increase of 131% from the previous session’s volume of 3,072 shares.The stock last traded at $50.12 and had previously closed at $51.5901.

Analyst Ratings Changes

A number of brokerages recently issued reports on JMPLY. Citigroup reissued a “neutral” rating on shares of Johnson Matthey in a research report on Tuesday, October 21st. Zacks Research cut Johnson Matthey from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Finally, Jefferies Financial Group raised Johnson Matthey to a “strong-buy” rating in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Johnson Matthey has an average rating of “Moderate Buy”.

Johnson Matthey Stock Performance

The company has a current ratio of 1.42, a quick ratio of 1.01 and a debt-to-equity ratio of 0.57. The stock’s fifty day moving average price is $55.29 and its 200 day moving average price is $50.25.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.