Elementis plc (LON:ELM - Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 126 ($1.62) and last traded at GBX 129.20 ($1.67), with a volume of 85473 shares changing hands. The stock had previously closed at GBX 129.40 ($1.67).
Analyst Ratings Changes
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 170 ($2.19) price objective on shares of Elementis in a research report on Thursday, January 2nd.
Read Our Latest Stock Analysis on ELM
Elementis Price Performance
The business's fifty day moving average price is GBX 149.18 and its 200-day moving average price is GBX 145.08. The company has a market capitalization of £899.18 million, a P/E ratio of -25.84, a P/E/G ratio of 3.05 and a beta of 2.02. The company has a current ratio of 2.04, a quick ratio of 1.16 and a debt-to-equity ratio of 37.85.
Elementis Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 1st will be issued a $0.03 dividend. This is a boost from Elementis's previous dividend of $0.01. This represents a dividend yield of 1.53%. The ex-dividend date is Thursday, May 1st. Elementis's dividend payout ratio is presently -63.65%.
Elementis Company Profile
(
Get Free Report)
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.
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