Elementis (OTCMKTS:ELMTY) Reaches New 1-Year High at $8.76

Elementis plc (OTCMKTS:ELMTY) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $8.76 and last traded at $8.76, with a volume of 1 shares trading hands. The stock had previously closed at $8.76.

Analysts Set New Price Targets

Separately, Berenberg Bank raised shares of Elementis to a “strong-buy” rating in a research report on Monday, August 5th.

Elementis Stock Performance

The firm’s 50-day moving average is $7.79 and its 200 day moving average is $7.60. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.20 and a quick ratio of 1.17.

Elementis Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, October 15th. Investors of record on Friday, August 16th will be given a $0.0388 dividend. The ex-dividend date of this dividend is Friday, August 16th.

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.