Elementis (OTCMKTS:ELMTY) Reaches New 52-Week High – What’s Next?

Elementis plc (OTCMKTS:ELMTY) shares hit 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 traded. The stock had previously closed at $8.76.

Analyst Upgrades and Downgrades

ELMTY has been the subject of several recent research reports. Berenberg Bank upgraded shares of Elementis to a “strong-buy” rating in a research note on Monday, August 5th. Barclays raised Elementis to a “strong-buy” rating in a report on Wednesday, October 2nd.

Elementis Price Performance

The firm’s fifty day moving average is $8.76 and its two-hundred day moving average is $8.03. 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.