Elementis (OTCMKTS:ELMTY) Hits New 52-Week High – Should You Buy?

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

Analyst Upgrades and Downgrades

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

Elementis Price Performance

The company has a current ratio of 2.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.33. The firm’s 50 day simple moving average is $8.76 and its two-hundred day simple moving average is $8.06.

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.