Johnson Matthey (OTCMKTS:JMPLY) Sees Unusually-High Trading Volume - Time to Buy?

Key Points

• Unusually-high trading volume: About 1,403 shares traded (up 77% from 791), with the stock at $57.83—roughly a 3.2% intraday gain from the prior close of $56.35.
• Analyst sentiment: Consensus rating is a "Moderate Buy" (2 Strong Buy, 1 Buy, 3 Hold); Deutsche Bank reiterated a Buy and Berenberg upgraded the stock to Strong-Buy.
• Company and technical snapshot: Johnson Matthey is a UK specialty chemicals firm focused on platinum-group metals and emission-control catalysts, trading above its 50-day SMA ($52.83) and near its 200-day SMA ($56.52) with moderate leverage (debt/equity 0.63) and healthy liquidity (current ratio 1.65, quick ratio 1.28).

Shares of Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 1,403 shares changed hands during mid-day trading, an increase of 77% from the previous session's volume of 791 shares.The stock last traded at $57.8285 and had previously closed at $56.35.

Wall Street Analyst Weigh In

JMPLY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Johnson Matthey in a research note on Wednesday, January 21st. Berenberg Bank upgraded Johnson Matthey from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Johnson Matthey Trading Up 3.2%

The company has a 50-day simple moving average of $52.83 and a two-hundred day simple moving average of $56.52. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.28 and a current ratio of 1.65.

Johnson Matthey Company Profile

Johnson Matthey plc is a UK-based specialty chemicals and sustainable technologies company with a history dating back to 1817. As a public limited company headquartered in London, it has built a global reputation for expertise in platinum group metals (PGMs) and advanced catalytic materials. The company has evolved from its origins in precious metals refining into diversified segments focused on environmental and energy solutions.

The company's principal business activities encompass the development and manufacture of emission control catalysts for the automotive and industrial sectors, alongside process technologies for chemical production and refining.

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