Elementis (LON:ELM) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Elementis plc (LON:ELM)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 140.43 ($1.89) and traded as high as GBX 155 ($2.08). Elementis shares last traded at GBX 154 ($2.07), with a volume of 2,720,709 shares traded.

Elementis Price Performance

The company has a debt-to-equity ratio of 37.85, a quick ratio of 1.16 and a current ratio of 2.04. The company has a 50-day moving average of GBX 132.86 and a 200-day moving average of GBX 140.43. The firm has a market capitalization of £1.14 billion, a price-to-earnings ratio of -32.67, a price-to-earnings-growth ratio of 3.05 and a beta of 2.02.

Insider Activity at Elementis

In other Elementis news, insider Luc van Ravenstein sold 41,276 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of GBX 153 ($2.05), for a total value of £63,152.28 ($84,779.54). Also, insider Ralph Hewins sold 132,625 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of GBX 153 ($2.05), for a total value of £202,916.25 ($272,407.37). 4.16% of the stock is owned by insiders.

About Elementis

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.