Johnson Matthey (OTCMKTS:JMPLY) Hits New 1-Year High - Here's What Happened

Key Points

• Johnson Matthey's stock price reached a new 52-week high of $53.00, closing at $52.84 with a trading volume of 3,563 shares.
• Brokerages have upgraded the stock's rating to "hold," with Zacks Research changing its stance from "strong sell" to "hold."
• The company showcases a current ratio of 1.42 and a debt-to-equity ratio of 0.57, indicating a stable financial position.

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $53.00 and last traded at $52.84, with a volume of 3563 shares changing hands. The stock had previously closed at $51.66.

Analysts Set New Price Targets

JMPLY has been the subject of a number of analyst reports. Zacks Research raised shares of Johnson Matthey from a "strong sell" rating to a "hold" rating in a research note on Monday, August 18th. Kepler Capital Markets raised shares of Johnson Matthey to a "hold" rating in a research note on Wednesday, June 25th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold".

Johnson Matthey Stock Performance

The stock's fifty day moving average price is $50.18 and its 200 day moving average price is $43.30. The company has a current ratio of 1.42, a quick ratio of 1.01 and a debt-to-equity ratio of 0.57.

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.