Zacks Research Upgrades Johnson Matthey (OTCMKTS:JMPLY) to Hold

Johnson Matthey (OTCMKTS:JMPLY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Johnson Matthey in a report on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy”.

Johnson Matthey Stock Performance

Shares of JMPLY stock opened at $53.36 on Monday. The company has a quick ratio of 1.21, a current ratio of 1.56 and a debt-to-equity ratio of 0.66. Johnson Matthey has a fifty-two week low of $46.11 and a fifty-two week high of $65.70. The stock’s fifty day moving average price is $54.06 and its two-hundred day moving average price is $55.80.

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.