Johnson Matthey (LON:JMAT) Stock Passes Above 200-Day Moving Average – What’s Next?

Shares of Johnson Matthey PLC (LON:JMATGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,404.68 ($18.86) and traded as high as GBX 1,740 ($23.36). Johnson Matthey shares last traded at GBX 1,737 ($23.32), with a volume of 2,414,905 shares traded.

Johnson Matthey Trading Up 0.5%

The company has a 50 day moving average of GBX 1,447.92 and a two-hundred day moving average of GBX 1,404.68. The company has a debt-to-equity ratio of 62.73, a quick ratio of 0.76 and a current ratio of 1.45. The stock has a market capitalization of £2.90 billion, a PE ratio of 29.52, a P/E/G ratio of 49,242.50 and a beta of 0.95.

Johnson Matthey (LON:JMATGet Free Report) last posted its quarterly earnings results on Thursday, May 22nd. The company reported GBX 149.20 ($2.00) earnings per share for the quarter. Johnson Matthey had a return on equity of 4.49% and a net margin of 0.84%. Sell-side analysts predict that Johnson Matthey PLC will post 173.4112903 EPS for the current year.

Johnson Matthey Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 16th. Stockholders of record on Thursday, April 10th were issued a GBX 32 ($0.43) dividend. This represents a dividend yield of 1.88%. The ex-dividend date was Thursday, April 10th. This is a boost from Johnson Matthey’s previous dividend of $22.00. Johnson Matthey’s payout ratio is 130.84%.

Insider Activity

In other Johnson Matthey news, insider Liam Condon purchased 30 shares of the stock in a transaction on Wednesday, April 16th. The shares were bought at an average price of GBX 1,200 ($16.11) per share, for a total transaction of £360 ($483.29). Insiders own 0.61% of the company’s stock.

Johnson Matthey Company Profile

(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.

Further Reading

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