Free Trial

Johnson Matthey PLC (OTCMKTS:JMPLY) Sees Large Increase in Short Interest

Johnson Matthey logo with Basic Materials background

Key Points

  • Johnson Matthey PLC saw a significant increase in short interest, rising 100% in September to a total of 200 shares as of September 15th.
  • The stock's recent performance shows it traded at $55.12 during midday trading, with a fifty-two week range between $29.01 and $55.23.
  • Analysts have recently upgraded Johnson Matthey's stock rating to "Hold," indicating a cautious outlook amidst fluctuating market conditions.
  • Interested in Johnson Matthey? Here are five stocks we like better.

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 200 shares, a growth of 100.0% from the August 31st total of 100 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is presently 0.1 days.

Johnson Matthey Price Performance

JMPLY stock traded up $0.44 during midday trading on Friday, hitting $55.12. 256 shares of the stock were exchanged, compared to its average volume of 1,618. The stock's 50-day moving average price is $50.84 and its 200-day moving average price is $44.45. 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 has a fifty-two week low of $29.01 and a fifty-two week high of $55.23.

Wall Street Analysts Forecast Growth

JMPLY has been the topic of a number of recent analyst reports. Zacks Research upgraded shares of Johnson Matthey from a "strong sell" rating to a "hold" rating in a research note on Monday, August 18th. Kepler Capital Markets upgraded Johnson Matthey to a "hold" rating in a research report on Wednesday, June 25th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Johnson Matthey currently has a consensus rating of "Hold".

Check Out Our Latest Stock Analysis on Johnson Matthey

About Johnson Matthey

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Johnson Matthey Right Now?

Before you consider Johnson Matthey, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Johnson Matthey wasn't on the list.

While Johnson Matthey currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.