Elementis (OTCMKTS:ELMTY) Hits New 12-Month Low – Should You Sell?

Elementis (OTCMKTS:ELMTYGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $8.33 and last traded at $8.33, with a volume of 180 shares traded. The stock had previously closed at $8.95.

Elementis Stock Down 6.9%

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 firm has a 50-day moving average price of $8.86 and a 200 day moving average price of $8.38.

Elementis Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 14th. Investors of record on Monday, August 18th were issued a dividend of $0.0409 per share. This represents a yield of 131.0%. The ex-dividend date was Friday, August 15th.

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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