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Johnson Matthey Plc (JMAT.L)
| Previous close | 2,168.00 |
| Open | 2,165.00 |
| Bid | 2,117.00 x 0 |
| Ask | 2,303.00 x 0 |
| Day's range | 2,131.00 - 2,271.00 |
| 52-week range | 1,650.00 - 2,536.00 |
| Volume | |
| Avg. volume | 762,181 |
| Market cap | 4.139B |
| Beta (5Y monthly) | 1.03 |
| PE ratio (TTM) | 14.55 |
| EPS (TTM) | 1.55 |
| Earnings date | 23 Nov 2022 |
| Forward dividend & yield | 0.77 (3.56%) |
| Ex-dividend date | 08 Dec 2022 |
| 1y target est | N/A |
- Motley Fool
Why Plug Power Stock Popped Almost 5% Today
Shares of hydrogen fuel cell star Plug Power (NASDAQ: PLUG) jumped 4.7% through 11:45 a.m. ET Tuesday morning after the company secured a long-term supply agreement with British hydrogen technologies company Johnson Matthey (LSE: JMAT). Under the terms of the agreement, Johnson Matthey will supply Plug with components for membrane electrode assemblies and specifically with "catalysts, membranes, and catalyst coated membranes (CCM)" -- essential parts for building fuel cells. Plug says that partnering with Johnson Matthey will "strengthen its supply chain and help meet the growing demand for fuel cells and electrolyzers."
- Reuters
Johnson Matthey partners with Plug Power to boost hydrogen tech
Johnson Matthey said on Tuesday it was partnering in hydrogen technology with U.S.-based Plug Power until at least 2030, as the British company hones its focus on its green hydrogen-related business. Companies globally are increasing investments in green hydrogen, a zero-carbon fuel made by using renewable power from wind and solar to split water into hydrogen and oxygen, in their quest for energy which does not add to global warming. Green hydrogen has been identified some as a potentially important way of decarbonising transport, by powering vehicles with only water as a by-product, as countries are looking to meet their net zero goals.
- Zacks
Should Value Investors Buy Johnson Matthey (JMPLY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
