Johnson Matthey (OTCMKTS:JMPLY) Sees Unusually-High Trading Volume – Still a Buy?

Johnson Matthey PLC (OTCMKTS:JMPLYGet Free Report) saw an uptick in trading volume on Monday . 1,024 shares changed hands during mid-day trading, an increase of 33% from the previous session’s volume of 772 shares.The stock last traded at $57.66 and had previously closed at $56.24.

Analyst Upgrades and Downgrades

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

View Our Latest Analysis on Johnson Matthey

Johnson Matthey Stock Performance

The company has a debt-to-equity ratio of 0.63, a current ratio of 1.65 and a quick ratio of 1.28. The business’s fifty day simple moving average is $53.42 and its 200-day simple moving average is $56.52.

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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