Johnson Matthey (OTCMKTS:JMPLY) Cut to Strong Sell at Zacks Research

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

A number of other research firms have also recently issued reports on JMPLY. Jefferies Financial Group raised shares of Johnson Matthey to a “strong-buy” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Johnson Matthey in a report on Monday, September 21st. Two equities research 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Johnson Matthey Price Performance

OTCMKTS:JMPLY traded up $2.37 during trading hours on Thursday, hitting $67.35. 3,266 shares of the company were exchanged, compared to its average volume of 818. Johnson Matthey has a 52-week low of $56.22 and a 52-week high of $87.60. The company has a quick ratio of 1.21, a current ratio of 1.56 and a debt-to-equity ratio of 0.66. The company’s 50 day moving average price is $62.08 and its 200-day moving average price is $57.33.

About Johnson Matthey

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.