Johnson Matthey (OTCMKTS:JMPLY) Sets New 52-Week High – Still a Buy?

Johnson Matthey PLC (OTCMKTS:JMPLY)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $63.86 and last traded at $63.56, with a volume of 291 shares changing hands. The stock had previously closed at $63.21.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on JMPLY shares. Citigroup reiterated a “neutral” rating on shares of Johnson Matthey in a research note on Tuesday, October 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Johnson Matthey in a research report on Wednesday. Zacks Research downgraded 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. Finally, Berenberg Bank raised Johnson Matthey from a “hold” rating to a “strong-buy” rating in a report on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Johnson Matthey currently has a consensus rating of “Moderate Buy”.

Johnson Matthey Trading Up 0.6%

The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.28 and a current ratio of 1.65. The firm has a 50-day simple moving average of $56.98 and a 200 day simple moving average of $54.05.

Johnson Matthey Announces Dividend

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