Johnson Matthey PLC (LON:JMAT - Get Free Report) shares hit a new 52-week low during trading on Friday . The stock traded as low as GBX 1,313 ($16.50) and last traded at GBX 1,313 ($16.50), with a volume of 136219 shares traded. The stock had previously closed at GBX 1,335 ($16.78).
Analyst Ratings Changes
Several research analysts recently weighed in on the stock. Jefferies Financial Group restated a "buy" rating and issued a GBX 1,800 ($22.62) price objective on shares of Johnson Matthey in a research report on Tuesday. Berenberg Bank cut their price target on Johnson Matthey from GBX 1,650 ($20.74) to GBX 1,500 ($18.85) and set a "hold" rating on the stock in a research note on Thursday, November 28th.
Check Out Our Latest Stock Analysis on JMAT
Johnson Matthey Price Performance
The company has a debt-to-equity ratio of 63.15, a quick ratio of 0.76 and a current ratio of 1.45. The company has a fifty day moving average price of GBX 1,466.95 and a two-hundred day moving average price of GBX 1,566.53. The company has a market cap of £2.33 billion, a P/E ratio of 2,303.45, a PEG ratio of 49,242.50 and a beta of 0.95.
Johnson Matthey Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, February 4th. Shareholders of record on Thursday, December 5th will be given a dividend of GBX 22 ($0.28) per share. This represents a yield of 1.47%. The ex-dividend date of this dividend is Thursday, December 5th. Johnson Matthey's payout ratio is 13,275.86%.
Insiders Place Their Bets
In other news, insider Liam Condon bought 27 shares of the firm's stock in a transaction on Wednesday, October 16th. The shares were purchased at an average cost of GBX 1,505 ($18.91) per share, with a total value of £406.35 ($510.68). Also, insider Stephen Oxley bought 24 shares of the company's stock in a transaction dated Wednesday, November 20th. The stock was purchased at an average price of GBX 1,504 ($18.90) per share, with a total value of £360.96 ($453.64). Insiders acquired 7,458 shares of company stock worth $10,024,332 in the last quarter. 0.61% of the stock is currently owned by corporate insiders.
About Johnson Matthey
(
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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.
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