Johnson Matthey (OTCMKTS:JMPLY) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of Johnson Matthey (OTCMKTS:JMPLY) from a strong sell rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Johnson Matthey in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Johnson Matthey presently has an average rating of “Buy”.

Johnson Matthey Price Performance

JMPLY opened at $53.36 on Monday. The company has a current ratio of 1.56, a quick ratio of 1.21 and a debt-to-equity ratio of 0.66. The stock has a 50-day moving average price of $54.06 and a 200-day moving average price of $55.80. Johnson Matthey has a 12-month low of $46.11 and a 12-month 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.