Johnson Matthey (OTCMKTS:JMPLY) Shares Gap Up – Should You Buy?

Johnson Matthey PLC (OTCMKTS:JMPLYGet Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $62.25, but opened at $65.87. Johnson Matthey shares last traded at $65.87, with a volume of 301 shares changing hands.

Wall Street Analyst Weigh In

JMPLY has been the topic of a number of analyst reports. Jefferies Financial Group upgraded Johnson Matthey to a “strong-buy” rating in a research report on Tuesday, August 4th. Zacks Research upgraded Johnson Matthey from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Johnson Matthey in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Get Our Latest Research Report on Johnson Matthey

Johnson Matthey Stock Performance

The firm’s 50 day moving average is $57.91 and its two-hundred day moving average is $55.62. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.21 and a current ratio of 1.56.

Johnson Matthey Company Profile

(Get Free Report)

Johnson Matthey plc is a United Kingdom-based specialty chemicals and sustainable technologies company. The group develops and manufactures catalysts, chemicals and materials that support cleaner air, lower-carbon industrial processes and the efficient use of precious metals. Its technologies serve customers in the automotive, chemical, energy, pharmaceutical and industrial sectors.

The company’s activities include emissions-control catalysts for vehicles and industrial applications, precious-metal refining and recycling, and catalyst technologies used in chemical and hydrogen-related processes.

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