Johnson Matthey (OTCMKTS:JMPLY) Trading Up 0.8% - Time to Buy?

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report)'s stock price rose 0.8% during mid-day trading on Thursday . The company traded as high as $50.10 and last traded at $50.10. Approximately 1,413 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 1,319 shares. The stock had previously closed at $49.70.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded shares of Johnson Matthey to a "hold" rating in a research note on Wednesday, June 25th.

Johnson Matthey Stock Performance

The business has a fifty day moving average of $46.07 and a 200-day moving average of $38.65. 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 Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, August 15th. Investors of record on Monday, June 9th will be paid a $1.4549 dividend. This is a boost 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.