Johnson Matthey (OTCMKTS:JMPLY) Sees Strong Trading Volume – What’s Next?

Johnson Matthey PLC (OTCMKTS:JMPLY) shares saw an uptick in trading volume on Thursday . Approximately 4,223 shares traded hands during mid-day trading, an increase of 338% from the previous session’s volume of 965 shares.The stock last traded at $51.47 and had previously closed at $51.42.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Zacks Research downgraded Johnson Matthey from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Johnson Matthey in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Johnson Matthey Trading Up 0.3%

The stock has a 50 day moving average of $55.65 and a two-hundred day moving average of $56.63. The company has a quick ratio of 1.21, a current ratio of 1.56 and a debt-to-equity ratio of 0.66.

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.