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Elementis (LON:ELM) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

Elementis logo with Basic Materials background

Elementis plc (LON:ELM - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 141.25 ($1.93) and traded as high as GBX 160.20 ($2.19). Elementis shares last traded at GBX 159.20 ($2.18), with a volume of 2,427,232 shares trading hands.

Elementis Trading Up 0.8%

The stock has a market capitalization of £1.18 billion, a PE ratio of -33.78, a PEG 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 business's 50-day moving average is GBX 136.89 and its two-hundred day moving average is GBX 141.25.

Insider Activity at Elementis

In related news, 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 ($2.09), for a total value of £63,152.28 ($86,285.39). Also, 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 ($2.09), for a total value of £202,916.25 ($277,245.87). 4.16% of the stock is owned by insiders.

About Elementis

(Get Free Report)

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.

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