Johnson Matthey (OTCMKTS:JMPLY) Downgraded by Zacks Research to Strong Sell

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

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Johnson Matthey in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Johnson Matthey Stock Performance

Johnson Matthey stock opened at $56.38 on Tuesday. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.63. The business’s 50-day simple moving average is $53.70 and its two-hundred day simple moving average is $56.49. Johnson Matthey has a fifty-two week low of $37.20 and a fifty-two week high of $65.70.

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.