Johnson Matthey (LON:JMAT) Shares Pass Above 200 Day Moving Average – Should You Sell?

Johnson Matthey PLC (LON:JMAT) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,391.54 ($18.86) and traded as high as GBX 1,694 ($22.96). Johnson Matthey shares last traded at GBX 1,694 ($22.96), with a volume of 444,720 shares.

Johnson Matthey Trading Down 1.7%

The company has a market cap of £2.83 billion, a P/E ratio of 28.79, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.95. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 62.73. The firm’s 50-day moving average price is GBX 1,382.74 and its 200-day moving average price is GBX 1,391.54.

Johnson Matthey (LON:JMAT) last announced its quarterly earnings results on Thursday, May 22nd. The company reported GBX 149.20 ($2.02) earnings per share for the quarter. Johnson Matthey had a return on equity of 4.49% and a net margin of 0.84%. As a group, equities research analysts expect that Johnson Matthey PLC will post 173.4112903 earnings per share for the current fiscal year.

Johnson Matthey Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 16th. Investors of record on Thursday, April 10th were paid a dividend of GBX 32 ($0.43) per share. This is a positive change from Johnson Matthey’s previous dividend of $22.00. The ex-dividend date of this dividend was Thursday, April 10th. This represents a yield of 1.88%. Johnson Matthey’s dividend payout ratio (DPR) is currently 130.84%.

Insider Transactions at Johnson Matthey

In other Johnson Matthey news, insider Liam Condon bought 30 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, April 16th. The shares were bought at an average price of GBX 1,200 ($16.26) per share, with a total value of £360 ($487.87). Over the last 90 days, insiders acquired 75 shares of company stock valued at $99,927. 0.61% of the stock is owned by corporate insiders.

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.