Kath Kearney-Croft Buys 32,856 Shares of Elementis (LON:ELM) Stock

Key Points

• Kath Kearney-Croft bought 32,856 shares of Elementis on March 11 at an average price of GBX 152, a transaction worth about £49,941.
• Elementis shares traded at GBX 154 (50-day SMA GBX 166.36, 200-day SMA GBX 164.33) with a market cap of ~£875m, and analysts hold a consensus "Moderate Buy" rating with an average price target of GBX 195 (UBS target GBX 190).

Elementis plc (LON:ELM - Get Free Report) insider Kath Kearney-Croft bought 32,856 shares of the stock in a transaction dated Wednesday, March 11th. The stock was purchased at an average price of GBX 152 per share, with a total value of £49,941.12.

Elementis Stock Performance

Shares of ELM traded up GBX 1.20 on Wednesday, reaching GBX 154. 1,213,234 shares of the company's stock traded hands, compared to its average volume of 2,423,726. The stock's 50 day simple moving average is GBX 166.36 and its two-hundred day simple moving average is GBX 164.33. The stock has a market cap of £875.24 million, a PE ratio of -12.03, a PEG ratio of 3.05 and a beta of 1.01. Elementis plc has a 52-week low of GBX 109.60 and a 52-week high of GBX 179.60. The company has a current ratio of 1.90, a quick ratio of 1.16 and a debt-to-equity ratio of 39.85.

Wall Street Analyst Weigh In

Separately, UBS Group reiterated a "buy" rating and issued a GBX 190 price objective on shares of Elementis in a research note on Friday, January 16th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Elementis presently has a consensus rating of "Moderate Buy" and an average price target of GBX 195.

About Elementis

Elementis is a global specialty chemicals company. We offer performance-driven additives that help create innovative formulations for consumer and industrial applications. As a FTSE 250 company, listed on the London Stock Exchange, we employ c.1,030 people globally. We have a nearly 200-year tradition of creating ingredients that add value to everyday consumer and industrial products. In 2024 Elementis reported revenue of $738m and adjusted operating profit of $129m.

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