Johnson Matthey (OTCMKTS:JMPLY) Sees Large Volume Increase – Time to Buy?

Johnson Matthey PLC (OTCMKTS:JMPLY) saw unusually-strong trading volume on Tuesday . Approximately 1,797 shares traded hands during trading, an increase of 108% from the previous session’s volume of 866 shares.The stock last traded at $52.25 and had previously closed at $52.20.

Analyst Ratings Changes

JMPLY has been the subject of a number of analyst reports. Berenberg Bank raised Johnson Matthey from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Johnson Matthey in a research note on Wednesday, January 21st. Finally, Zacks Research lowered Johnson Matthey from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Johnson Matthey Price Performance

The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.63. The company has a 50 day moving average price of $61.50 and a two-hundred day moving average price of $56.36.

Johnson Matthey Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, December 2nd were issued a dividend of $0.5561 per share. This represents a dividend yield of 394.0%. The ex-dividend date of this dividend was Monday, December 1st.

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.