Johnson Matthey (OTCMKTS:JMPLY) Sets New 12-Month High – Here’s What Happened

Johnson Matthey PLC (OTCMKTS:JMPLY) hit a new 52-week high during trading on Monday . The stock traded as high as $62.4750 and last traded at $62.4750, with a volume of 701 shares. The stock had previously closed at $58.78.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on JMPLY. Citigroup reaffirmed a “neutral” rating on shares of Johnson Matthey in a report on Tuesday, October 21st. Zacks Research cut shares of Johnson Matthey from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Finally, Jefferies Financial Group raised shares of Johnson Matthey to a “strong-buy” rating in a report on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Johnson Matthey Trading Up 6.3%

The stock has a fifty day moving average price of $55.45 and a two-hundred day moving average price of $52.75.

Johnson Matthey Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, December 2nd will be issued a $0.5561 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a 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.