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

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.

Elementis (OTCMKTS:ELMTY - )'s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $10.65 and last traded at $10.65, with a volume of 100 shares changing hands. The stock had previously closed at $8.61.

Elementis Price Performance

The firm has a fifty day moving average price of $7.95 and a 200-day moving average price of $7.49. 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

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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