Johnson Matthey (LON:JMAT) Stock Passes Above 200-Day Moving Average – Here’s Why

Johnson Matthey PLC (LON:JMAT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,433.57 ($19.57) and traded as high as GBX 1,838 ($25.09). Johnson Matthey shares last traded at GBX 1,823 ($24.89), with a volume of 366,038 shares trading hands.

Johnson Matthey Stock Performance

The company has a 50-day moving average price of GBX 1,577.11 and a two-hundred day moving average price of GBX 1,433.57. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 62.73. The company has a market capitalization of £3.05 billion, a PE ratio of 30.98, a PEG ratio of 49,242.50 and a beta of 0.95.

Johnson Matthey (LON:JMAT) last posted its earnings results on Thursday, May 22nd. The company reported GBX 149.20 ($2.04) EPS for the quarter. Johnson Matthey had a return on equity of 4.49% and a net margin of 0.84%. Analysts predict that Johnson Matthey PLC will post 173.4112903 EPS for the current fiscal year.

Insider Buying and Selling

In other Johnson Matthey news, insider Liam Condon bought 30 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, April 16th. The stock was acquired at an average cost of GBX 1,200 ($16.38) per share, for a total transaction of £360 ($491.47). Insiders bought 62 shares of company stock worth $84,978 in the last three months. 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.