Elementis plc (LON:ELM - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 146.96 ($1.83) and traded as high as GBX 159.60 ($1.99). Elementis shares last traded at GBX 156.60 ($1.95), with a volume of 5,512,400 shares changing hands.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a "buy" rating and set a GBX 170 ($2.12) target price on shares of Elementis in a research report on Thursday, January 2nd.
Get Our Latest Report on ELM
Elementis Stock Performance
The company has a market cap of £937.88 million, a price-to-earnings ratio of -3,980.00, 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. The stock's 50 day moving average price is GBX 141.38 and its 200 day moving average price is GBX 146.96.
About Elementis
(
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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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