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Elementis (OTCMKTS:ELMTY) Trading Up 22.2% - Here's What Happened

Elementis logo with Basic Materials background

Elementis (OTCMKTS:ELMTY - Get Free Report) rose 22.2% during trading on Monday . The company traded as high as $8.80 and last traded at $8.80. Approximately 1,200 shares traded hands 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 Price Performance

The stock has a 50 day moving average of $7.20 and a 200 day moving average of $7.26. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.64 and a quick ratio of 1.48.

Elementis Increases Dividend

The company also recently announced a dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, May 5th were issued a $0.0935 dividend. This is a positive change from Elementis's previous dividend of $0.04. This represents a yield of 1.81%. The ex-dividend date of this dividend was Friday, May 2nd.

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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