Johnson Matthey (OTCMKTS:JMPLY) Shares Gap Down – Should You Sell?

Johnson Matthey PLC (OTCMKTS:JMPLY) gapped down prior to trading on Monday . The stock had previously closed at $56.10, but opened at $50.90. Johnson Matthey shares last traded at $50.90, with a volume of 146 shares changing hands.

Analyst Ratings Changes

Several equities research analysts recently issued reports on JMPLY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Johnson Matthey in a research report on Friday, May 29th. Zacks Research lowered shares of Johnson Matthey from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Johnson Matthey Stock Performance

The company has a current ratio of 1.56, a quick ratio of 1.21 and a debt-to-equity ratio of 0.66. The business has a 50-day moving average price of $56.78 and a two-hundred day moving average price of $57.03.

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.