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Johnson Matthey (LON:JMAT) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?

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Johnson Matthey PLC (LON:JMAT - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,470.02 ($18.93) and traded as high as GBX 1,505 ($19.38). Johnson Matthey shares last traded at GBX 1,460 ($18.80), with a volume of 130,870,305 shares changing hands.

Analyst Ratings Changes

A number of analysts have commented on JMAT shares. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 1,800 ($23.17) price target on shares of Johnson Matthey in a research report on Tuesday, December 17th. Berenberg Bank cut their price target on shares of Johnson Matthey from GBX 1,650 ($21.24) to GBX 1,500 ($19.31) and set a "hold" rating on the stock in a report on Thursday, November 28th.

Get Our Latest Stock Report on Johnson Matthey

Johnson Matthey Stock Performance

The company has a market capitalization of £2.39 billion, a PE ratio of 24.30, a PEG ratio of 49,242.50 and a beta of 0.95. The firm has a 50-day moving average of GBX 1,407.05 and a two-hundred day moving average of GBX 1,467.55. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 62.73.

Insider Activity

In related news, insider Liam Condon purchased 30 shares of the company's stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average price of GBX 1,362 ($17.54) per share, with a total value of £408.60 ($526.07). Also, insider Stephen Oxley acquired 27 shares of Johnson Matthey stock in a transaction on Wednesday, February 19th. The shares were bought at an average price of GBX 1,451 ($18.68) per share, with a total value of £391.77 ($504.40). Insiders own 0.61% of the company's stock.

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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.

See Also

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