Johnson Matthey (LON:JMAT) Reaches New 52-Week Low – Time to Sell?

Shares of Johnson Matthey PLC (LON:JMAT) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 1,289 ($16.74) and last traded at GBX 1,308 ($16.98), with a volume of 1724131 shares trading hands. The stock had previously closed at GBX 1,334 ($17.32).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 1,800 ($23.37) target price on shares of Johnson Matthey in a report on Tuesday, December 17th.

Johnson Matthey Stock Performance

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 firm’s 50-day moving average price is GBX 1,423.49 and its two-hundred day moving average price is GBX 1,442.13. The stock has a market cap of £2.18 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 49,242.50 and a beta of 0.95.

Insider Buying and Selling at Johnson Matthey

In other Johnson Matthey news, insider Stephen Oxley bought 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 ($18.84) per share, for a total transaction of £391.77 ($508.73). Also, insider Liam Condon purchased 30 shares of the stock in a transaction dated Wednesday, January 22nd. The shares were acquired at an average price of GBX 1,362 ($17.69) per share, with a total value of £408.60 ($530.58). Insiders have bought 84 shares of company stock worth $119,052 in the last ninety days. 0.61% of the stock is owned by insiders.

Johnson Matthey Company Profile

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.