Elementis (LON:ELM) Sets New 1-Year High - Should You Buy?

Elementis plc (LON:ELM - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 170.60 ($2.30) and last traded at GBX 170.21 ($2.30), with a volume of 1143055 shares traded. The stock had previously closed at GBX 169.60 ($2.29).

Elementis Stock Down 1.3%

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 has a market cap of £1.23 billion, a PE ratio of -35.43, a P/E/G ratio of 3.05 and a beta of 2.02. The stock has a 50-day moving average of GBX 146.93 and a 200-day moving average of GBX 143.45.

Insiders Place Their Bets

In related news, insider Ralph Hewins sold 132,625 shares of the stock in a transaction on Monday, June 9th. The stock was sold at an average price of GBX 153 ($2.06), for a total value of £202,916.25 ($273,730.27). Also, insider Luc van Ravenstein sold 41,276 shares of the stock in a transaction on Monday, June 9th. The stock was sold at an average price of GBX 153 ($2.06), for a total value of £63,152.28 ($85,191.26). Company insiders own 4.16% of the company's stock.

About Elementis

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.