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

Shares of Elementis plc (OTCMKTS:ELMTY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $8.76 and last traded at $8.76, with a volume of 18 shares traded. The stock had previously closed at $8.76.

Analyst Ratings Changes

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

Elementis Price Performance

The stock has a 50-day moving average price of $8.76 and a 200 day moving average price of $7.97. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.32 and a quick ratio of 1.29.

Elementis Company Profile

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.