Shares of Elementis (OTCMKTS:ELMTY – Get Free Report) dropped 11.7% on Wednesday . The stock traded as low as $8.68 and last traded at $8.68. Approximately 125 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 367 shares. The stock had previously closed at $9.83.
Elementis Price Performance
The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.15 and a current ratio of 1.95. The company has a fifty day moving average price of $9.05 and a 200-day moving average price of $8.76.
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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