Shares of Elementis plc (LON:ELM – Get Rating) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 109 ($1.35) and traded as high as GBX 125.80 ($1.55). Elementis shares last traded at GBX 125.20 ($1.55), with a volume of 916,159 shares traded.
Analyst Ratings Changes
Separately, Berenberg Bank restated a “buy” rating and set a GBX 170 ($2.10) price objective on shares of Elementis in a research report on Tuesday, December 20th.
Elementis Price Performance
The stock has a market capitalization of £731.07 million and a price-to-earnings ratio of 335.33. The company has a fifty day simple moving average of GBX 118.75 and a 200 day simple moving average of GBX 109. The company has a debt-to-equity ratio of 56.30, a quick ratio of 1.16 and a current ratio of 2.27.
In other news, insider Clement Woon purchased 20,000 shares of the company’s stock in a transaction that occurred on Thursday, December 8th. The shares were acquired at an average cost of GBX 111 ($1.37) per share, with a total value of £22,200 ($27,417.56).
Elementis Company Profile
Elementis plc operates as a specialty chemical company in the United Kingdom, North America, rest of Europe, and internationally. It operates through four segments: Personal Care, Coatings, Talc, and Chromium. The Personal Care segment produces and sells rheological modifiers and compounded products for antiperspirants/deodorants, bath and soap, color cosmetics, and hair and skin care products.
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