Johnson Matthey (OTCMKTS:JMPLY) Reaches New 12-Month High – Time to Buy?

Johnson Matthey PLC (OTCMKTS:JMPLY) shares hit a new 52-week high on Tuesday . The company traded as high as $58.47 and last traded at $58.44, with a volume of 388 shares. The stock had previously closed at $57.60.

Analyst Ratings Changes

JMPLY has been the topic of a number of recent research reports. Zacks Research downgraded Johnson Matthey from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 6th. Jefferies Financial Group raised Johnson Matthey to a “strong-buy” rating in a research note on Thursday, October 9th. Finally, Citigroup reiterated a “neutral” rating on shares of Johnson Matthey in a report on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Johnson Matthey Stock Up 1.5%

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 50 day simple moving average is $55.28 and its two-hundred day simple moving average is $52.01.

Johnson Matthey Dividend Announcement

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

About Johnson Matthey

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.