Johnson Matthey (LON:JMAT) Shares Up 30.4% - Time to Buy?

Johnson Matthey PLC (LON:JMAT - Get Free Report) shot up 30.4% during trading on Thursday . The company traded as high as GBX 1,888 ($25.62) and last traded at GBX 1,811 ($24.57). 4,275,197 shares changed hands during trading, an increase of 55% from the average session volume of 2,752,536 shares. The stock had previously closed at GBX 1,389 ($18.85).

Johnson Matthey Stock Down 1.5%

The company has a market capitalization of £2.85 billion, a PE ratio of 28.96, a P/E/G ratio of 49,242.50 and a beta of 0.95. The company has a current ratio of 1.45, a quick ratio of 0.76 and a debt-to-equity ratio of 62.73. The stock's fifty day moving average is GBX 1,313.40 and its two-hundred day moving average is GBX 1,377.22.

Johnson Matthey (LON:JMAT - Get Free Report) last released its quarterly earnings data on Thursday, May 22nd. The company reported GBX 149.20 ($2.02) EPS for the quarter. Johnson Matthey had a net margin of 0.84% and a return on equity of 4.49%. As a group, analysts predict that Johnson Matthey PLC will post 173.4112903 EPS for the current year.

Johnson Matthey Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 16th. Investors of record on Thursday, April 10th were paid a dividend of GBX 32 ($0.43) per share. The ex-dividend date was Thursday, April 10th. This represents a yield of 1.88%. This is a boost from Johnson Matthey's previous dividend of $22.00. Johnson Matthey's payout ratio is currently 130.84%.

Insider Buying and Selling at Johnson Matthey

In other news, insider Liam Condon purchased 27 shares of the company's stock in a transaction on Wednesday, March 19th. The stock was purchased at an average price of GBX 1,445 ($19.61) per share, with a total value of £390.15 ($529.38). Insiders bought a total of 75 shares of company stock valued at $99,927 in the last three months. Company insiders own 0.61% of the company's stock.

Johnson Matthey Company Profile

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.