Elementis (LON:ELM) Hits New 12-Month High at $168.80

Elementis plc (LON:ELM)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 168.80 ($2.26) and last traded at GBX 157.72 ($2.11), with a volume of 1305896 shares traded. The stock had previously closed at GBX 162.80 ($2.18).

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 170 ($2.27) target price on shares of Elementis in a report on Friday, July 12th.

Elementis Price Performance

The stock has a market cap of £929.17 million, a PE ratio of -3,750.00, a PEG ratio of 3.05 and a beta of 2.01. The company has a 50-day simple moving average of GBX 157.32 and a 200-day simple moving average of GBX 149.49. The company has a debt-to-equity ratio of 37.85, a current ratio of 2.04 and a quick ratio of 1.16.

Elementis Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, August 15th were paid a $0.01 dividend. This represents a dividend yield of 0.54%. The ex-dividend date was Thursday, August 15th. Elementis’s dividend payout ratio (DPR) is -7,500.00%.

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.