Elementis (OTCMKTS:ELMTY) Hits New 12-Month High at $8.76

Elementis plc (OTCMKTS:ELMTY)’s stock price 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 2 shares traded. The stock had previously closed at $8.76.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded Elementis to a “strong-buy” rating in a research note on Monday, August 5th.

Elementis Price Performance

The firm’s 50-day moving average is $7.89 and its 200 day moving average is $7.64. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.20 and a quick ratio of 1.17.

Elementis Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, August 16th will be issued a $0.0388 dividend. The ex-dividend date is Friday, August 16th.

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.