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

Elementis plc (OTCMKTS:ELMTY) hit a new 52-week high during mid-day trading on Monday . 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

ELMTY has been the topic of several recent analyst reports. Barclays upgraded 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 report on Monday, August 5th.

Elementis Price Performance

The business’s fifty day moving average is $8.76 and its 200-day moving average is $8.06. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.32 and a quick ratio of 1.29.

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.