Johnson Matthey (OTCMKTS:JMPLY) Stock Price Down 1.6% – What’s Next?

Johnson Matthey PLC (OTCMKTS:JMPLY)’s share price fell 1.6% on Tuesday . The stock traded as low as $55.03 and last traded at $55.2450. 539 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 3,226 shares. The stock had previously closed at $56.1350.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on JMPLY. Zacks Research raised shares of Johnson Matthey from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 8th. Citigroup reaffirmed a “neutral” rating on shares of Johnson Matthey in a report on Tuesday, October 21st. Finally, Jefferies Financial Group raised shares of Johnson Matthey to a “strong-buy” rating in a report on Thursday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Johnson Matthey Trading Down 1.6%

The stock has a 50 day moving average price of $54.37 and a 200-day moving average price of $48.30. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.01 and a current ratio of 1.42.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.