EMS-CHEMIE (OTCMKTS:EMSHF) Stock Price Up 7.4% – Still a Buy?

EMS-CHEMIE HOLDING AG (OTCMKTS:EMSHF) was up 7.4% during mid-day trading on Friday . The company traded as high as $833.9596 and last traded at $833.9596. Approximately 27 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 76 shares. The stock had previously closed at $776.57.

Analysts Set New Price Targets

EMSHF has been the subject of several research analyst reports. UBS Group upgraded EMS-CHEMIE to a “buy” rating in a research report on Tuesday, January 13th. Oddo Bhf started coverage on EMS-CHEMIE in a research note on Thursday, December 18th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

EMS-CHEMIE Price Performance

The company’s 50-day simple moving average is $738.53 and its 200 day simple moving average is $754.99.

About EMS-CHEMIE

EMS-CHEMIE Holding AG is a Switzerland-based specialty chemicals and high-performance polymers company. Headquartered in Domat/Ems, it develops, manufactures and markets a wide range of engineered materials and chemical additives designed to meet demanding applications. The company operates through several business units, focusing on both bulk and niche products that deliver enhanced chemical and mechanical performance.

In its specialty chemicals segment, EMS-CHEMIE produces plasticizers, antioxidants, lubricant additives and process aids that improve the durability and functionality of industrial formulations.