Johnson Matthey (OTCMKTS:JMPLY) Hits New 1-Year High – Here’s Why

Johnson Matthey PLC (OTCMKTS:JMPLY) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $60.80 and last traded at $60.80, with a volume of 352 shares changing hands. The stock had previously closed at $57.60.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Jefferies Financial Group upgraded Johnson Matthey to a “strong-buy” rating in a research note on Thursday, October 9th. Zacks Research cut Johnson Matthey from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Finally, Citigroup restated a “neutral” rating on shares of Johnson Matthey in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Johnson Matthey Stock Performance

The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.01 and a current ratio of 1.42. The stock has a 50-day moving average price of $55.39 and a 200 day moving average price of $52.51.

Johnson Matthey Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, December 2nd will be given a $0.5561 dividend. The ex-dividend date is Monday, December 1st. This represents a dividend yield of 394.0%.

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.