Elementis (OTCMKTS:ELMTY) Reaches New 1-Year High – Still a Buy?

Elementis plc (OTCMKTS:ELMTY) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $8.76 and last traded at $8.76, with a volume of 0 shares trading hands. The stock had previously closed at $8.76.

Analyst Ratings Changes

Several analysts recently issued reports on ELMTY shares. Barclays raised shares of Elementis to a “strong-buy” rating in a report on Wednesday, October 2nd. Berenberg Bank raised shares of Elementis to a “strong-buy” rating in a report on Monday, August 5th.

Elementis Stock Performance

The stock’s fifty day simple moving average is $8.76 and its two-hundred day simple moving average is $7.94. The company has a current ratio of 2.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.33.

Elementis Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, August 16th were issued a dividend of $0.0388 per share. The ex-dividend date was 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.