Johnson Matthey (OTCMKTS:JMPLY) Shares Gap Down – Time to Sell?
by Tristan Rich · The Markets DailyJohnson Matthey PLC (OTCMKTS:JMPLY – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $61.89, but opened at $52.76. Johnson Matthey shares last traded at $52.6750, with a volume of 1,717 shares changing hands.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the company. Berenberg Bank raised Johnson Matthey from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 5th. Zacks Research lowered Johnson Matthey from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Johnson Matthey in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Johnson Matthey presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on JMPLY
Johnson Matthey Stock Down 15.8%
The stock has a fifty day moving average of $61.56 and a 200-day moving average of $56.33. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.63.
Johnson Matthey Announces Dividend
The business also recently announced a dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, December 2nd were given a dividend of $0.5561 per share. This represents a dividend yield of 394.0%. The ex-dividend date was Monday, December 1st.
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.