Richard Pike Purchases 10 Shares of Johnson Matthey (LON:JMAT) Stock

Johnson Matthey PLC (LON:JMAT) insider Richard Pike bought 10 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of GBX 2,158 per share, for a total transaction of £215.80.

Johnson Matthey Stock Performance

JMAT stock traded up GBX 10 during mid-day trading on Thursday, reaching GBX 2,156. The company had a trading volume of 254,202 shares, compared to its average volume of 2,456,882. Johnson Matthey PLC has a one year low of GBX 1,346 and a one year high of GBX 2,434. The stock has a market capitalization of £3.61 billion, a P/E ratio of -32.72, a P/E/G ratio of 49,242.50 and a beta of 0.91. The company has a quick ratio of 0.76, a current ratio of 1.65 and a debt-to-equity ratio of 71.01. The stock’s 50-day simple moving average is GBX 1,980.49 and its two-hundred day simple moving average is GBX 2,107.03.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on JMAT shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Johnson Matthey from GBX 1,922 to GBX 2,120 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Berenberg Bank decreased their target price on shares of Johnson Matthey from GBX 2,250 to GBX 2,100 and set a “buy” rating for the company in a research report on Monday, March 23rd. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 2,222.

About Johnson Matthey

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. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.