EMS-CHEMIE (OTCMKTS:EMSHF) Shares Up 9.9% – Should You Buy?

Shares of EMS-CHEMIE HOLDING AG (OTCMKTS:EMSHF) rose 9.9% during trading on Wednesday . The stock traded as high as $772.3350 and last traded at $772.3350. Approximately 1 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 100 shares. The stock had previously closed at $702.8401.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. UBS Group upgraded shares of EMS-CHEMIE to a “buy” rating in a research note on Tuesday, January 13th. Oddo Bhf started coverage on EMS-CHEMIE in a report on Thursday, December 18th. They set a “neutral” rating on the stock. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, EMS-CHEMIE has a consensus rating of “Moderate Buy”.

EMS-CHEMIE Stock Up 9.9%

The company’s fifty day moving average price is $733.01 and its two-hundred day moving average price is $754.47.

About EMS-CHEMIE

EMS-CHEMIE Holding AG is a Switzerland-based specialty chemicals and high-performance polymers company. Headquartered in Domat/Ems, it develops, manufactures and markets a wide range of engineered materials and chemical additives designed to meet demanding applications. The company operates through several business units, focusing on both bulk and niche products that deliver enhanced chemical and mechanical performance.

In its specialty chemicals segment, EMS-CHEMIE produces plasticizers, antioxidants, lubricant additives and process aids that improve the durability and functionality of industrial formulations.