Shares of Elementis (OTCMKTS:ELMTY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $9.92, but opened at $8.80. Elementis shares last traded at $8.80, with a volume of 910 shares.
Elementis Stock Down 10.5%
The company’s 50-day moving average price is $9.04 and its two-hundred day moving average price is $8.77. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.95 and a quick ratio of 1.15.
About Elementis
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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