Johnson Matthey (OTCMKTS:JMPLY) Stock Gets Downgrade from Zacks Research

Johnson Matthey (OTCMKTS:JMPLY) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Thursday, Zacks reports.

A number of other brokerages also recently weighed in on JMPLY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Johnson Matthey in a research note on Monday, September 21st. Jefferies Financial Group raised shares of Johnson Matthey to a “strong-buy” rating in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Johnson Matthey Trading Up 3.6%

Shares of OTCMKTS JMPLY traded up $2.37 during midday trading on Thursday, reaching $67.35. The stock had a trading volume of 3,266 shares, compared to its average volume of 818. The company’s 50 day moving average price is $62.08 and its 200 day moving average price is $57.33. The company has a quick ratio of 1.21, a current ratio of 1.56 and a debt-to-equity ratio of 0.66. Johnson Matthey has a twelve month low of $56.22 and a twelve month high of $87.60.

Johnson Matthey Company Profile

Johnson Matthey plc is a United Kingdom-based specialty chemicals and sustainable technologies company. Founded in 1817, the company develops materials, catalysts and related technologies designed to support cleaner air, more efficient industrial processes and the transition to lower-carbon energy systems.

Its activities include emissions-control technologies for vehicles and industrial applications, platinum group metal refining and recycling, and catalyst technologies used in chemical manufacturing.