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

Elementis logo with Basic Materials background

Shares of Elementis plc (LON:ELM - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 140.43 ($1.89) and traded as high as GBX 155 ($2.08). Elementis shares last traded at GBX 154 ($2.07), with a volume of 2,720,709 shares.

Elementis Trading Down 0.8%

The business has a 50 day moving average of GBX 134.88 and a two-hundred day moving average of GBX 140.88. 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 firm has a market capitalization of £1.12 billion, a price-to-earnings ratio of -32.29, a P/E/G ratio of 3.05 and a beta of 2.02.

Insider Buying and Selling

In other news, insider Luc van Ravenstein sold 41,276 shares of the stock in a transaction that occurred 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 ($84,927.76). Also, insider Ralph Hewins sold 132,625 shares of the stock in a transaction that occurred 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 ($272,883.61). 4.16% of the stock is owned by company 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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