Elementis (OTCMKTS:ELMTY) Shares Gap Up – Here’s Why

Shares of Elementis (OTCMKTS:ELMTYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $8.33, but opened at $9.92. Elementis shares last traded at $9.92, with a volume of 101 shares changing hands.

Elementis Stock Performance

The stock’s 50 day moving average is $8.30 and its two-hundred day moving average is $8.73. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.15 and a current ratio of 1.95.

About Elementis

(Get Free Report)

Elementis plc is a London‐headquartered specialty chemicals company that develops, manufactures and supplies performance additives and specialty products to a wide range of industrial and consumer markets. The company focuses on high‐value, application‐specific solutions that enhance the performance of its customers’ products across coatings, personal care, oil and gas, mining and adhesives sectors.

Elementis operates two principal divisions. The Performance Additives arm offers rheology modifiers, defoamers, antifoams, wetting agents and other functional chemistries used in paints and coatings, emulsion polymers, inks, sealants and industrial fluids.

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