Johnson Matthey (OTCMKTS:JMPLY) Sets New 1-Year High – Here’s What Happened

Johnson Matthey PLC (OTCMKTS:JMPLY) shares hit a new 52-week high on Monday . The company traded as high as $62.59 and last traded at $62.4790, with a volume of 856 shares trading hands. The stock had previously closed at $61.7890.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Zacks Research lowered Johnson Matthey from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 6th. Jefferies Financial Group upgraded Johnson Matthey to a “strong-buy” rating in a research note on Thursday, October 9th. Citigroup reaffirmed a “neutral” rating on shares of Johnson Matthey in a research report on Tuesday, October 21st. Finally, Berenberg Bank raised shares of Johnson Matthey from a “hold” rating to a “strong-buy” rating in a report on Monday, January 5th. Two research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Johnson Matthey Trading Up 2.6%

The firm’s fifty day simple moving average is $55.86 and its two-hundred day simple moving average is $53.29. 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 Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, December 2nd will be issued a $0.5561 dividend. The ex-dividend date of this dividend is 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.