Johnson Matthey (OTCMKTS:JMPLY) Stock Price Down 1% - Here's What Happened

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report) shares fell 1% during trading on Tuesday . The company traded as low as $46.57 and last traded at $46.57. 2,500 shares changed hands during mid-day trading, an increase of 132% from the average session volume of 1,078 shares. The stock had previously closed at $47.06.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets raised Johnson Matthey to a "hold" rating in a research note on Wednesday.

Johnson Matthey Price Performance

The company's 50-day moving average price is $41.06 and its two-hundred day moving average price is $36.84. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.01 and a current ratio of 1.42.

Johnson Matthey Increases Dividend

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

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.