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

Shares of Elementis plc (OTCMKTS:ELMTY) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $8.76 and last traded at $8.76, with a volume of 0 shares traded. The stock had previously closed at $8.76.

Wall Street Analysts Forecast Growth

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

Elementis Price Performance

The company’s 50 day simple moving average is $8.20 and its two-hundred day simple moving average is $7.75. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.17 and a current ratio of 2.20.

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 dividend of $0.0388 per share. The ex-dividend date is Friday, August 16th.

About Elementis

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.