Elementis (OTCMKTS:ELMTY) Reaches New 1-Year High – Time to Buy?

Elementis plc (OTCMKTS:ELMTY)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $7.35 and last traded at $7.35, with a volume of 0 shares trading hands. The stock had previously closed at $7.35.

Analyst Upgrades and Downgrades

Separately, Barclays raised Elementis to a “strong-buy” rating in a research report on Wednesday, October 2nd.

Elementis Stock Performance

The firm’s fifty day simple moving average is $8.51 and its 200 day simple moving average is $8.10. The company has a quick ratio of 1.29, a current ratio of 2.32 and a debt-to-equity ratio of 0.33.

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.