Elementis (OTCMKTS:ELMTY) Shares Gap Up – Here’s Why

Elementis (OTCMKTS:ELMTY – Get Free Report)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $9.00, but opened at $9.39. Elementis shares last traded at $9.39, with a volume of 105 shares changing hands.

Elementis Stock Up 4.3%

The business’s 50 day moving average price is $9.48 and its two-hundred day moving average price is $8.39.

About Elementis

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Elementis plc is a global specialty chemicals company that develops and manufactures additives and functional ingredients used to improve the performance, appearance, texture and stability of finished products. Its customers include manufacturers in the coatings, personal care, construction, industrial and energy markets.

The company’s product portfolio includes rheology modifiers, dispersing agents, surface modifiers, organoclays, talc-based additives and other specialty ingredients. These products are used in applications such as paints and coatings, cosmetics and skin care, adhesives, sealants, lubricants and industrial formulations.

Elementis serves customers internationally through operations, research and development capabilities, and manufacturing facilities in major markets across North America, Europe and Asia.

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