Johnson Matthey (OTCMKTS:JMPLY) Sees Unusually-High Trading Volume – Still a Buy?

Johnson Matthey PLC (OTCMKTS:JMPLY) saw unusually-high trading volume on Monday . Approximately 1,024 shares changed hands during trading, an increase of 33% from the previous session’s volume of 772 shares.The stock last traded at $57.66 and had previously closed at $56.24.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Johnson Matthey in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Johnson Matthey Price Performance

The company has a 50 day simple moving average of $53.42 and a 200-day simple moving average of $56.52. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.28 and a current ratio of 1.65.

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.