Johnson Matthey (LON:JMAT) Trading Up 29% - Here's Why

Johnson Matthey PLC (LON:JMAT - Get Free Report) shares traded up 29% during mid-day trading on Friday . The company traded as high as GBX 1,888 ($25.51) and last traded at GBX 1,792.32 ($24.22). 3,427,063 shares were traded during trading, an increase of 25% from the average session volume of 2,743,881 shares. The stock had previously closed at GBX 1,389 ($18.77).

Johnson Matthey Trading Up 0.4%

The stock has a fifty day moving average of GBX 1,319.16 and a 200-day moving average of GBX 1,378.49. The company has a debt-to-equity ratio of 62.73, a quick ratio of 0.76 and a current ratio of 1.45. The company has a market cap of £2.86 billion, a PE ratio of 29.06, a PEG ratio of 49,242.50 and a beta of 0.95.

Johnson Matthey (LON:JMAT - Get Free Report) last issued its earnings results on Thursday, May 22nd. The company reported GBX 149.20 ($2.02) earnings per share for the quarter. Johnson Matthey had a return on equity of 4.49% and a net margin of 0.84%. Sell-side analysts anticipate that Johnson Matthey PLC will post 173.4112903 EPS for the current fiscal year.

Johnson Matthey Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 16th. Stockholders of record on Thursday, April 10th were given a GBX 32 ($0.43) dividend. This represents a dividend yield of 1.88%. This is a positive change from Johnson Matthey's previous dividend of $22.00. The ex-dividend date of this dividend was Thursday, April 10th. Johnson Matthey's payout ratio is presently 130.84%.

Insider Buying and Selling at Johnson Matthey

In other Johnson Matthey news, insider Liam Condon purchased 30 shares of the stock in a transaction on Wednesday, April 16th. The stock was acquired at an average price of GBX 1,200 ($16.22) per share, with a total value of £360 ($486.49). Over the last ninety days, insiders bought 75 shares of company stock valued at $99,927. 0.61% of the stock is currently owned by insiders.

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.