Elementis (LON:ELM) Insider Luc van Ravenstein Purchases 62,562 Shares

Key Points

• Insider purchase: Luc van Ravenstein bought 62,562 shares on April 8 at GBX 143 each, spending £89,463.66.
• Elementis shares were trading at GBX 160.20 with a market cap of £911.99m and a negative P/E of -20.54, while daily volume (245,933) was well below the average (2,547,231).
• Analyst view: The stock has a consensus rating of "Moderate Buy" with a consensus target of GBX 195, and UBS reiterated a "buy" with a GBX 190 price objective.

Elementis plc (LON:ELM - Get Free Report) insider Luc van Ravenstein purchased 62,562 shares of the company's stock in a transaction dated Wednesday, April 8th. The shares were acquired at an average price of GBX 143 per share, with a total value of £89,463.66.

Elementis Price Performance

Shares of ELM traded up GBX 2 during trading hours on Friday, reaching GBX 160.20. 245,933 shares of the company's stock traded hands, compared to its average volume of 2,547,231. The stock has a market cap of £911.99 million, a PE ratio of -20.54, a price-to-earnings-growth ratio of 3.05 and a beta of 1.01. The company has a current ratio of 1.90, a quick ratio of 1.16 and a debt-to-equity ratio of 39.85. The firm's 50 day simple moving average is GBX 158.81 and its 200-day simple moving average is GBX 162.38. Elementis plc has a 12 month low of GBX 118.40 and a 12 month high of GBX 179.60.

Analyst Ratings Changes

Separately, UBS Group reiterated a "buy" rating and issued a GBX 190 price objective on shares of Elementis in a research report on Friday, January 16th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 195.

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. In 2024 Elementis reported revenue of $738m and adjusted operating profit of $129m.

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