Elementis (LON:ELM) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Elementis (LON:ELM) in a report published on Thursday, MarketBeat.com reports. They currently have a GBX 170 ($2.10) price target on the stock.

Elementis Price Performance

Elementis stock traded down GBX 1.40 ($0.02) during midday trading on Thursday, reaching GBX 141.60 ($1.75). The company’s stock had a trading volume of 755,051 shares, compared to its average volume of 927,300. The company has a current ratio of 2.04, a quick ratio of 1.16 and a debt-to-equity ratio of 37.85. The stock has a market cap of £834.19 million, a PE ratio of -3,540.00, a price-to-earnings-growth ratio of 3.05 and a beta of 2.02. Elementis has a 52 week low of GBX 116.71 ($1.44) and a 52 week high of GBX 169.80 ($2.10). The business has a 50-day moving average price of GBX 136.92 and a 200-day moving average price of GBX 146.82.

About Elementis

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.