Elementis (OTCMKTS:ELMTY) Shares Up 22.2% - Still a Buy?

Elementis (OTCMKTS:ELMTY - Get Free Report)'s share price was up 22.2% during trading on Monday . The stock traded as high as $8.80 and last traded at $8.80. Approximately 1,200 shares were traded during mid-day trading, an increase of 108,991% from the average daily volume of 1 shares. The stock had previously closed at $7.20.

Elementis Trading Down 2.1%

The firm has a 50 day moving average of $7.29 and a 200 day moving average of $7.29. 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 Increases Dividend

The company also recently declared a dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, May 5th were given a dividend of $0.0935 per share. This represents a dividend yield of 1.81%. The ex-dividend date was Friday, May 2nd. This is a boost from Elementis's previous dividend of $0.04.

About Elementis

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.