Short Interest in Johnson Matthey PLC (OTCMKTS:JMPLY) Rises By 336.7%

Johnson Matthey PLC (OTCMKTS:JMPLYGet Free Report) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 2,096 shares, a growth of 336.7% from the April 15th total of 480 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 739 shares, the days-to-cover ratio is presently 2.8 days.

Johnson Matthey Price Performance

OTCMKTS JMPLY traded down $2.38 during mid-day trading on Friday, hitting $55.97. The stock had a trading volume of 647 shares, compared to its average volume of 765. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.28 and a current ratio of 1.65. The company has a 50 day simple moving average of $53.37 and a 200 day simple moving average of $56.53. Johnson Matthey has a 52-week low of $36.05 and a 52-week high of $65.70.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Johnson Matthey in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Johnson Matthey has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on Johnson Matthey

Johnson Matthey Company Profile

(Get Free Report)

Johnson Matthey plc is a UK-based specialty chemicals and sustainable technologies company with a history dating back to 1817. As a public limited company headquartered in London, it has built a global reputation for expertise in platinum group metals (PGMs) and advanced catalytic materials. The company has evolved from its origins in precious metals refining into diversified segments focused on environmental and energy solutions.

The company’s principal business activities encompass the development and manufacture of emission control catalysts for the automotive and industrial sectors, alongside process technologies for chemical production and refining.

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