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Johnson Matthey (OTCMKTS:JMPLY) Reaches New 52-Week High - Here's Why

Johnson Matthey logo with Basic Materials background

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $50.77 and last traded at $50.77, with a volume of 576 shares trading hands. The stock had previously closed at $50.30.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded shares of Johnson Matthey to a "hold" rating in a research report on Wednesday, June 25th.

Read Our Latest Stock Report on Johnson Matthey

Johnson Matthey Price Performance

The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.01 and a current ratio of 1.42. The firm's 50-day simple moving average is $47.47 and its 200-day simple moving average is $39.20.

Johnson Matthey Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, August 15th. Stockholders of record on Monday, June 9th will be issued a dividend of $1.4549 per share. This is a positive change from Johnson Matthey's previous dividend of $0.54. This represents a dividend yield of 4.18%. The ex-dividend date is Friday, June 6th.

About Johnson Matthey

(Get Free Report)

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.

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