Johnson Matthey (OTCMKTS:JMPLY) Stock Rating Lowered by Zacks Research

Johnson Matthey (OTCMKTS:JMPLY) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Johnson Matthey in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Johnson Matthey currently has a consensus rating of “Moderate Buy”.

Johnson Matthey Stock Performance

JMPLY stock opened at $56.38 on Tuesday. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.63. The firm’s 50 day moving average price is $53.70 and its 200-day moving average price is $56.49. Johnson Matthey has a one year low of $37.20 and a one year high of $65.70.

About Johnson Matthey

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.