Johnson Matthey (OTCMKTS:JMPLY) Hits New 12-Month High - Here's What Happened

Key Points

• Johnson Matthey PLC has reached a new **52-week high** of $51.39, with trading volume of 3,226 shares. The stock ended the day at **$51.15**, an increase from its previous close of **$50.90**.
• In recent analyst ratings, Johnson Matthey was upgraded by Kepler Capital Markets and Zacks Research to a **"hold" rating**, with the overall average rating for the stock also being a **"hold."**
• The company recently declared a **dividend increase** to $1.4549, representing a significant yield of **418%**, demonstrating a strong commitment to returning value to shareholders.

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report)'s share price hit a new 52-week high on Wednesday . The stock traded as high as $51.39 and last traded at $51.15, with a volume of 3226 shares traded. The stock had previously closed at $50.90.

Wall Street Analyst Weigh In

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

Johnson Matthey Stock Down 1.2%

The business's fifty day moving average is $49.27 and its two-hundred day moving average is $41.80. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.42 and a quick ratio of 1.01.

Johnson Matthey Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, August 15th. Stockholders of record on Monday, June 9th were issued a $1.4549 dividend. This is a boost from Johnson Matthey's previous dividend of $0.54. The ex-dividend date was Friday, June 6th. This represents a dividend yield of 418.0%.

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.