Elementis (LON:ELM) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Elementis plc (LON:ELM)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 145.67 ($1.93) and traded as high as GBX 169.20 ($2.24). Elementis shares last traded at GBX 160.80 ($2.13), with a volume of 1,008,231 shares trading hands.

Elementis Price Performance

The company has a current ratio of 2.04, a quick ratio of 1.16 and a debt-to-equity ratio of 37.85. The stock has a market capitalization of £1.27 billion, a price-to-earnings ratio of -36.37, a PEG ratio of 3.05 and a beta of 2.02. The stock has a 50-day moving average price of GBX 157.44 and a 200 day moving average price of GBX 145.67.

Insider Transactions at Elementis

In other news, insider Luc van Ravenstein sold 41,276 shares of the firm’s stock in a transaction dated Monday, June 9th. The stock was sold at an average price of GBX 153 ($2.03), for a total transaction of £63,152.28 ($83,734.13). Also, insider Ralph Hewins sold 132,625 shares of the firm’s stock in a transaction dated Monday, June 9th. The shares were sold at an average price of GBX 153 ($2.03), for a total value of £202,916.25 ($269,048.33). 4.16% of the stock is owned by company insiders.

Elementis Company Profile

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.