Elementis (LON:ELM) Sets New 1-Year High - Time to Buy?

Shares of Elementis plc (LON:ELM - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 172 ($2.31) and last traded at GBX 170.40 ($2.29), with a volume of 2184520 shares changing hands. The stock had previously closed at GBX 167 ($2.24).

Elementis Trading Down 0.1%

The company has a market cap of £1.24 billion, a price-to-earnings ratio of -35.60, a price-to-earnings-growth ratio of 3.05 and a beta of 2.02. The company has a quick ratio of 1.16, a current ratio of 2.04 and a debt-to-equity ratio of 37.85. The company's 50-day moving average is GBX 150.48 and its 200 day moving average is GBX 144.19.

Insider Buying and Selling at Elementis

In other Elementis news, insider Ralph Hewins sold 132,625 shares of the stock in a transaction on Monday, June 9th. The shares were sold at an average price of GBX 153 ($2.05), for a total transaction of £202,916.25 ($272,480.53). Also, insider Luc van Ravenstein sold 41,276 shares of the stock in a transaction on Monday, June 9th. The shares were sold at an average price of GBX 153 ($2.05), for a total transaction of £63,152.28 ($84,802.31). 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.