Liam Condon Purchases 24 Shares of Johnson Matthey PLC (LON:JMAT) Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon acquired 24 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were purchased at an average cost of GBX 1,584 ($19.45) per share, for a total transaction of £380.16 ($466.85).

Liam Condon also recently made the following trade(s):

• On Wednesday, October 18th, Liam Condon purchased 27 shares of Johnson Matthey stock. The shares were bought at an average price of GBX 1,516 ($18.62) per share, for a total transaction of £409.32 ($502.66).

Johnson Matthey Price Performance

Shares of LON:JMAT opened at GBX 1,524 ($18.72) on Friday. The business has a 50-day moving average of GBX 1,571 and a two-hundred day moving average of GBX 1,696.99. Johnson Matthey PLC has a fifty-two week low of GBX 1,428.50 ($17.54) and a fifty-two week high of GBX 2,384 ($29.28). The stock has a market capitalization of £2.80 billion, a P/E ratio of 1,058.33, a P/E/G ratio of 49,242.50 and a beta of 0.98. The company has a debt-to-equity ratio of 66.29, a current ratio of 1.51 and a quick ratio of 0.76.

Analyst Ratings Changes

Several research firms recently weighed in on JMAT. Deutsche Bank Aktiengesellschaft restated a “top pick” rating on shares of Johnson Matthey in a research note on Tuesday, September 5th. Berenberg Bank downgraded Johnson Matthey to a “hold” rating and cut their price objective for the stock from GBX 2,200 ($27.02) to GBX 1,650 ($20.26) in a report on Wednesday, October 11th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Johnson Matthey presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,130 ($26.16).

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.