Elementis (LON:ELM) Insider Luc van Ravenstein Acquires 62,562 Shares of Stock

Elementis plc (LON:ELM) insider Luc van Ravenstein acquired 62,562 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The shares were bought at an average price of GBX 143 per share, for a total transaction of £89,463.66.

Elementis Price Performance

Shares of LON ELM opened at GBX 160.68 on Friday. Elementis plc has a fifty-two week low of GBX 118.40 and a fifty-two week high of GBX 179.60. The firm’s 50-day simple moving average is GBX 158.79 and its 200 day simple moving average is GBX 162.38. The company has a quick ratio of 1.16, a current ratio of 1.90 and a debt-to-equity ratio of 39.85. The stock has a market cap of £914.73 million, a P/E ratio of -20.60, a P/E/G ratio of 3.05 and a beta of 1.00.

Analyst Upgrades and Downgrades

Separately, UBS Group restated a “buy” rating and set a GBX 190 price objective on shares of Elementis in a research note on Friday, January 16th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 195.

About Elementis

Elementis is a global specialty chemicals company. We offer performance-driven additives that help create innovative formulations for consumer and industrial applications. As a FTSE 250 company, listed on the London Stock Exchange, we employ c.1,030 people globally. We have a nearly 200-year tradition of creating ingredients that add value to everyday consumer and industrial products. In 2024 Elementis reported revenue of $738m and adjusted operating profit of $129m.