Elementis (OTCMKTS:ELMTY) Reaches New 1-Year High – Here’s Why

Elementis plc (OTCMKTS:ELMTYGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $8.76 and last traded at $8.76, with a volume of 0 shares. The stock had previously closed at $8.76.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Berenberg Bank upgraded shares of Elementis to a “strong-buy” rating in a research note on Monday, August 5th. Barclays raised shares of Elementis to a “strong-buy” rating in a research report on Wednesday, October 2nd.

Read Our Latest Stock Analysis on Elementis

Elementis Stock Performance

The stock has a fifty day moving average of $8.76 and a 200 day moving average of $8.11. The company has a current ratio of 2.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.33.

About Elementis

(Get Free Report)

Elementis plc operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally. It operates in two segments, Performance Specialties and Personal Care. The Performance Specialties segment engages in the production of rheological modifiers and additives for decorative and industrial coatings; and production and supply of talc for use in plastics, coatings, technical ceramics, and paper sectors.

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