Johnson Matthey (OTCMKTS: JMPLY) Stock Surpasses 50-Day Moving Average - What Lies Ahead?

The stock price of Johnson Matthey (OTCMKTS: JMPLY) crossed above its fifty-day moving average during trading on Friday. Previously, the stock's fifty-day moving average was $34.26, but it reached a high of $37.69 during the session. As of the latest update, Johnson Matthey shares were trading at $37.62, with a trading volume of 9,326 shares.

Johnson Matthey Stock Overview

In terms of financial ratios, Johnson Matthey has a quick ratio of 0.92, a current ratio of 1.37, and a debt-to-equity ratio of 0.45. Alongside the fifty-day moving average, the company also has a 200-day moving average sitting at $37.84.

Dividend Announcement from Johnson Matthey

Recently, Johnson Matthey announced a dividend that was disbursed on Friday, February 14th. Shareholders who were registered as of Monday, December 9th, received a dividend of $0.5383. It's worth noting that the ex-dividend date was also set for Monday, December 9th.

About Johnson Matthey

Johnson Matthey is recognized as a global leader in science, focused on creating a cleaner and healthier world. With over 200 years of experience, the company focuses on innovation and technological advancements to enhance the function, performance, and safety of its customers' products. Their scientific contributions have a significant global impact in various sectors, including low emission transportation, pharmaceuticals, and efficient utilization of natural resources.

Investment Considerations

Before making any investment decisions regarding Johnson Matthey, investors may want to consider current market recommendations. The company's stock is currently rated as a "Hold" among analysts, who also suggest that there may be better investment opportunities available. Analysts have identified five alternative stocks that they believe could offer better potential returns.

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