Free Trial

Elementis (OTCMKTS:ELMTY) Sets New 52-Week High - Still a Buy?

Elementis logo with Basic Materials background

Shares of Elementis plc (OTCMKTS:ELMTY - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $8.76 and last traded at $8.76, with a volume of 0 shares changing hands. The stock had previously closed at $8.76.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ELMTY shares. Berenberg Bank upgraded shares of Elementis to a "strong-buy" rating in a research note on Monday, August 5th. Barclays raised shares of Elementis to a "strong-buy" rating in a research note on Wednesday, October 2nd.

Check Out Our Latest Report on Elementis

Elementis Price Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 2.32 and a quick ratio of 1.29. The business has a fifty day simple moving average of $8.51 and a 200-day simple moving average of $7.85.

Elementis Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, August 16th will be issued a dividend of $0.0388 per share. The ex-dividend date is Friday, August 16th.

About Elementis

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ 625,000% Gain (From Crypto Swap Profits) (Ad)

Should you invest $1,000 in Elementis right now?

Before you consider Elementis, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Elementis wasn't on the list.

While Elementis currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Nintendo Stock: Buy Before the 2025 Switch Platform Hits!
How to Profit from NVIDIA’s Earnings: Short-Term Trading Guide
Prosus: Is This Under $20 Tech Stock Your Next Big Win?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines