Elementis (LON:ELM) Hits New 1-Year High - Still a Buy?

Elementis plc (LON:ELM - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 169.80 ($2.32) and last traded at GBX 167.40 ($2.29), with a volume of 214331 shares. The stock had previously closed at GBX 164 ($2.24).

Elementis Trading Up 1.1%

The company has a 50-day moving average price of GBX 141.70 and a two-hundred day moving average price of GBX 142.22. The stock has a market cap of £1.22 billion, a P/E ratio of -35.18, a P/E/G ratio of 3.05 and a beta of 2.02. The company has a current ratio of 2.04, a quick ratio of 1.16 and a debt-to-equity ratio of 37.85.

Insider Buying and Selling at Elementis

In related news, insider Ralph Hewins sold 132,625 shares of the business's stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of GBX 153 ($2.09), for a total transaction of £202,916.25 ($277,018.77). Also, insider Luc van Ravenstein sold 41,276 shares of the business's stock in a transaction dated Monday, June 9th. The stock was sold at an average price of GBX 153 ($2.09), for a total value of £63,152.28 ($86,214.72). Company insiders own 4.16% of the company's stock.

Elementis Company Profile

Elementis is a global specialty chemicals company. We offer performance-driven additives that help create innovative formulations for consumer and industrial applications. As a FTSE 250 company, listed on the London Stock Exchange, we employ c.1,030 people globally. We have a nearly 200-year tradition of creating ingredients that add value to everyday consumer and industrial products.