Johnson Matthey (LON:JMAT) Trading 27.6% Higher - What's Next?

Johnson Matthey PLC (LON:JMAT - Get Free Report) shares traded up 27.6% during trading on Thursday . The company traded as high as GBX 1,888 ($25.62) and last traded at GBX 1,773 ($24.06). 3,584,157 shares traded hands during trading, an increase of 31% from the average session volume of 2,745,484 shares. The stock had previously closed at GBX 1,389 ($18.85).

Johnson Matthey Trading Down 1.5%

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 company has a 50 day moving average of GBX 1,313.40 and a 200 day moving average of GBX 1,377.22. The firm has a market cap of £2.85 billion, a price-to-earnings ratio of 28.96, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.95.

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

Johnson Matthey Increases Dividend

The business 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 of this dividend was Thursday, April 10th. This is a boost from Johnson Matthey's previous dividend of $22.00. This represents a dividend yield of 1.88%. Johnson Matthey's payout ratio is 130.84%.

Insider Activity at Johnson Matthey

In related news, insider Liam Condon purchased 30 shares of Johnson Matthey stock in a transaction dated Wednesday, April 16th. The stock was bought at an average price of GBX 1,200 ($16.28) per share, for a total transaction of £360 ($488.47). Insiders have bought 75 shares of company stock worth $99,927 in the last ninety days. Company insiders own 0.61% of the company's stock.

About Johnson Matthey

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.