Johnson Matthey (LON:JMAT) Sets New 1-Year Low – Time to Sell?

Johnson Matthey PLC (LON:JMAT)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 1,289 ($16.63) and last traded at GBX 1,308 ($16.87), with a volume of 1724131 shares. The stock had previously closed at GBX 1,334 ($17.21).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,800 ($23.22) price target on shares of Johnson Matthey in a report on Tuesday, December 17th.

Johnson Matthey Price Performance

The company has a market cap of £2.04 billion, a price-to-earnings ratio of 20.75, a P/E/G ratio of 49,242.50 and a beta of 0.95. The company has a current ratio of 1.45, a quick ratio of 0.76 and a debt-to-equity ratio of 62.73. The business has a 50-day moving average price of GBX 1,417.73 and a 200 day moving average price of GBX 1,438.32.

Insider Activity

In other Johnson Matthey news, insider Liam Condon bought 30 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The stock was acquired at an average price of GBX 1,362 ($17.57) per share, with a total value of £408.60 ($527.09). Also, insider Stephen Oxley purchased 27 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The shares were acquired at an average cost of GBX 1,451 ($18.72) per share, for a total transaction of £391.77 ($505.38). Insiders purchased a total of 84 shares of company stock valued at $119,052 over the last three months. Insiders own 0.61% of the company’s stock.

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.