Johnson Matthey (OTCMKTS:JMPLY) Reaches New 1-Year High - Time to Buy?

Key Points

• Johnson Matthey has reached a new 52-week high, trading at $55.90, reflecting a recent increase in stock performance.
• Analysts have upgraded the stock's rating from "strong sell" to "hold", leading to a consensus rating of "Hold".
• The company's financial metrics indicate stability with a debt-to-equity ratio of 0.57 and a current ratio of 1.42.

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $55.90 and last traded at $55.90, with a volume of 764 shares trading hands. The stock had previously closed at $55.06.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Zacks Research upgraded shares of Johnson Matthey from a "strong sell" rating to a "hold" rating in a research note on Monday, August 18th. Kepler Capital Markets upgraded shares of Johnson Matthey to a "hold" rating in a research note on Wednesday, June 25th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Johnson Matthey has a consensus rating of "Hold".

Johnson Matthey Price Performance

The company has a debt-to-equity ratio of 0.57, a current ratio of 1.42 and a quick ratio of 1.01. The company's 50-day moving average is $51.07 and its 200-day moving average is $44.71.

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.

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