Johnson Matthey PLC (OTCMKTS:JMPLY) Short Interest Update

Johnson Matthey PLC (OTCMKTS:JMPLY) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 2,096 shares, a growth of 336.7% from the April 15th total of 480 shares. Based on an average daily volume of 739 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Johnson Matthey in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Johnson Matthey has a consensus rating of “Moderate Buy”.

Johnson Matthey Stock Down 0.7%

JMPLY stock opened at $57.05 on Wednesday. Johnson Matthey has a one year low of $35.73 and a one year high of $65.70. The company’s 50 day moving average price is $53.16 and its two-hundred day moving average price is $56.51. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.65 and a quick ratio of 1.28.

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.