Elementis (OTCMKTS:ELMTY) Hits New 12-Month High – Here’s Why

Shares of Elementis plc (OTCMKTS:ELMTY) hit a new 52-week high on Tuesday . The stock 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.

Analyst Upgrades and Downgrades

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

Elementis Stock Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 2.32 and a quick ratio of 1.29. The stock has a 50-day simple moving average of $8.76 and a 200-day simple moving average of $8.03.

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.