Elementis (OTCMKTS:ELMTY) Sets New 12-Month High at $8.76

Elementis plc (OTCMKTS:ELMTY) shares hit 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 changing hands. The stock had previously closed at $8.76.

Analyst Upgrades and Downgrades

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

Elementis Stock Performance

The stock’s 50-day simple moving average is $8.20 and its 200 day simple moving average is $7.75. 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 firm also recently declared a dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, August 16th will be paid 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.