Johnson Matthey (OTCMKTS:JMPLY) Stock Moved Down to “Strong Sell” by Zacks Research

Zacks Research cut shares of Johnson Matthey (OTCMKTS:JMPLY) from a hold rating to a strong sell rating in a research report report published on Thursday morning,Zacks reports.

A number of other analysts also recently issued reports on the stock. Jefferies Financial Group upgraded shares of Johnson Matthey to a “strong-buy” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Johnson Matthey in a report on Monday, September 21st. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Johnson Matthey has an average rating of “Moderate Buy”.

Johnson Matthey Stock Performance

OTCMKTS:JMPLY traded up $2.37 during trading hours on Thursday, reaching $67.35. 3,266 shares of the stock were exchanged, compared to its average volume of 818. Johnson Matthey has a twelve month low of $56.22 and a twelve month high of $87.60. The company has a current ratio of 1.56, a quick ratio of 1.21 and a debt-to-equity ratio of 0.66. The firm has a 50 day moving average of $62.08 and a 200 day moving average of $57.33.

About Johnson Matthey

Johnson Matthey plc is a United Kingdom-based specialty chemicals and sustainable technologies company. Founded in 1817, the company develops materials, catalysts and related technologies designed to support cleaner air, more efficient industrial processes and the transition to lower-carbon energy systems.

Its activities include emissions-control technologies for vehicles and industrial applications, platinum group metal refining and recycling, and catalyst technologies used in chemical manufacturing.