Johnson Matthey PLC (OTCMKTS:JMPLY) Given Average Rating of “Moderate Buy” by Analysts

Johnson Matthey PLC (OTCMKTS:JMPLY) has earned an average rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and two have issued a strong buy recommendation on the company.

Several research analysts have issued reports on JMPLY shares. Berenberg Bank upgraded Johnson Matthey from a “hold” rating to a “strong-buy” rating in a report on Monday, January 5th. Jefferies Financial Group raised shares of Johnson Matthey to a “strong-buy” rating in a report on Thursday, October 9th. Citigroup reaffirmed a “neutral” rating on shares of Johnson Matthey in a research note on Tuesday, October 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Johnson Matthey in a research report on Wednesday. Finally, Zacks Research lowered Johnson Matthey from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th.

Johnson Matthey Stock Down 0.0%

Shares of OTCMKTS:JMPLY traded down $0.02 during midday trading on Wednesday, reaching $62.74. The company’s stock had a trading volume of 1,287 shares, compared to its average volume of 934. Johnson Matthey has a fifty-two week low of $29.01 and a fifty-two week high of $63.63. The firm has a 50 day moving average price of $56.85 and a two-hundred day moving average price of $53.99. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.63.

Johnson Matthey Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, December 2nd will be paid a $0.5561 dividend. The ex-dividend date of this dividend 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.