Johnson Matthey (OTCMKTS:JMPLY) Sees Strong Trading Volume – Here’s Why

Johnson Matthey PLC (OTCMKTS:JMPLY) saw an uptick in trading volume on Thursday . Approximately 1,625 shares traded hands during mid-day trading, an increase of 62% from the previous session’s volume of 1,006 shares.The stock last traded at $50.67 and had previously closed at $51.83.

Analyst Ratings Changes

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

Johnson Matthey Stock Performance

The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.21 and a current ratio of 1.56. The stock’s 50 day moving average price is $55.08 and its two-hundred day moving average price is $56.40.

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.