Johnson Matthey (OTCMKTS:JMPLY) Sees Unusually-High Trading Volume – What’s Next?

Shares of 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.

Wall Street Analyst Weigh In

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

Johnson Matthey Trading Up 1.3%

The business has a fifty day simple moving average of $61.50 and a two-hundred day simple moving average of $56.36. 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 company also recently disclosed a dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, December 2nd were issued a $0.5561 dividend. The ex-dividend date was Monday, December 1st. This represents a yield of 394.0%.

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.