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Elementis (OTCMKTS:ELMTY) Sets New 52-Week High - Here's What Happened

Elementis logo with Basic Materials background

Key Points

  • Elementis shares hit a new 52-week high, trading at $10.65, a significant increase from the previous close of $8.61.
  • The company's current ratio is reported at 2.64, indicating solid short-term financial stability.
  • Elementis operates in two main segments: Performance Specialties and Personal Care, producing a range of specialty chemical products for various industries.
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Elementis (OTCMKTS:ELMTY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $10.65 and last traded at $10.65, with a volume of 100 shares traded. The stock had previously closed at $8.61.

Elementis Stock Performance

The business has a 50 day simple moving average of $8.16 and a 200-day simple moving average of $7.56. The company has a quick ratio of 1.48, a current ratio of 2.64 and a debt-to-equity ratio of 0.29.

Elementis Company Profile

(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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