Elementis (OTCMKTS:ELMTY) Sets New 1-Year High – Here’s What Happened

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

Analyst Ratings Changes

A number of brokerages have commented on ELMTY. Barclays raised shares of Elementis to a “strong-buy” rating in a report on Wednesday, October 2nd. Berenberg Bank upgraded shares of Elementis to a “strong-buy” rating in a research report on Monday, August 5th.

Elementis Stock Performance

The company has a quick ratio of 1.29, a current ratio of 2.32 and a debt-to-equity ratio of 0.33. The company’s 50 day moving average price is $8.59 and its two-hundred day moving average price is $7.87.

Elementis Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, August 16th were paid a $0.0388 dividend. The ex-dividend date was Friday, August 16th.

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.