Johnson Matthey (OTCMKTS:JMPLY) Shares Down 7.7% – What’s Next?

Johnson Matthey PLC (OTCMKTS:JMPLY) dropped 7.7% on Tuesday . The company traded as low as $50.75 and last traded at $50.75. 420 shares were traded during trading, a decline of 46% from the average session volume of 771 shares. The stock had previously closed at $54.9680.

Analyst Upgrades and Downgrades

Several research firms have issued reports on JMPLY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Johnson Matthey in a research note on Friday, May 29th. Zacks Research lowered shares of Johnson Matthey from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Johnson Matthey Trading Down 0.9%

The company has a 50-day moving average of $56.68 and a 200-day moving average of $57.01. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.21 and a current ratio of 1.56.

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.