Elementis (OTCMKTS:ELMTY) Upgraded at Barclays

by · The Cerbat Gem

Barclays upgraded shares of Elementis (OTCMKTS:ELMTY – Free Report) to a strong-buy rating in a report released on Wednesday, Zacks.com reports.

Separately, Berenberg Bank raised Elementis to a strong-buy rating in a research report on Monday, August 5th.

Read Our Latest Stock Analysis on ELMTY

Elementis Price Performance

Shares of ELMTY opened at $8.76 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.17 and a current ratio of 2.20. The company’s fifty day simple moving average is $8.33 and its 200 day simple moving average is $7.79. Elementis has a 1-year low of $5.85 and a 1-year high of $8.76.

Elementis Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, October 15th. Investors of record on Friday, August 16th will be paid a $0.0388 dividend. The ex-dividend date is Friday, August 16th.

Elementis Company Profile

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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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