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

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 ($1.94) and traded as high as GBX 160.20 ($2.20). Elementis shares last traded at GBX 159.20 ($2.18), with a volume of 2,427,232 shares trading hands.

Elementis Stock Up 1.8%

The company has a debt-to-equity ratio of 37.85, a quick ratio of 1.16 and a current ratio of 2.04. The stock has a market cap of £1.21 billion, a price-to-earnings ratio of -34.92, a PEG ratio of 3.05 and a beta of 2.02. The firm's 50-day simple moving average is GBX 138.51 and its two-hundred day simple moving average is GBX 141.61.

Insider Buying and Selling at Elementis

In other Elementis news, insider Ralph Hewins sold 132,625 shares of the firm's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of GBX 153 ($2.10), for a total value of £202,916.25 ($278,386.95). Also, insider Luc van Ravenstein sold 41,276 shares of the firm's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of GBX 153 ($2.10), for a total transaction of £63,152.28 ($86,640.53). Corporate 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.