Elementis plc (LON:ELM - Get Free Report) insider Ralph Hewins sold 136,502 shares of the firm's stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of GBX 144 ($1.82), for a total transaction of £196,562.88 ($248,782.28).
Elementis Price Performance
Shares of ELM opened at GBX 143.80 ($1.82) on Friday. Elementis plc has a 52 week low of GBX 96.60 ($1.22) and a 52 week high of GBX 155 ($1.96). The company has a current ratio of 2.20, a quick ratio of 1.16 and a debt-to-equity ratio of 35.51. The firm has a market cap of £845.30 million, a price-to-earnings ratio of 3,595.00, a PEG ratio of 3.05 and a beta of 1.94. The stock has a 50 day moving average of GBX 139.77 and a 200-day moving average of GBX 128.80.
Elementis Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 2nd will be issued a $0.02 dividend. This represents a yield of 1.18%. The ex-dividend date of this dividend is Thursday, May 2nd. Elementis's dividend payout ratio is presently 5,000.00%.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the company. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 170 ($2.15) target price on shares of Elementis in a research report on Wednesday, March 20th. Berenberg Bank increased their target price on Elementis from GBX 170 ($2.15) to GBX 180 ($2.28) and gave the company a "buy" rating in a research note on Friday, March 8th. Finally, HSBC raised shares of Elementis to a "buy" rating and set a GBX 170 ($2.15) price target on the stock in a report on Wednesday, March 20th.
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About Elementis
(
Get Free Report)
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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