Johnson Matthey (OTCMKTS:JMPLY) Sees Strong Trading Volume – Here’s What Happened

Johnson Matthey PLC (OTCMKTS:JMPLY) shares saw an uptick in trading volume on Friday . 2,399 shares were traded during trading, an increase of 183% from the previous session’s volume of 849 shares.The stock last traded at $63.11 and had previously closed at $63.35.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Zacks Research lowered shares of Johnson Matthey from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Citigroup restated a “neutral” rating on shares of Johnson Matthey in a report on Tuesday, October 21st. Berenberg Bank raised shares of Johnson Matthey from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. Finally, Jefferies Financial Group upgraded Johnson Matthey to a “strong-buy” rating in a research report on Thursday, October 9th. Two investment analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Johnson Matthey Price Performance

The stock has a 50-day simple moving average of $56.47 and a 200-day simple moving average of $53.64. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.65 and a quick ratio of 1.28.

Johnson Matthey Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, December 2nd will be given a $0.5561 dividend. The ex-dividend date is Monday, December 1st. This represents a dividend yield of 394.0%.

Johnson Matthey Company Profile

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.