Elementis (OTCMKTS:ELMTY) Shares Gap Up – Should You Buy?

Elementis (OTCMKTS:ELMTY – Get Free Report)’s stock price gapped up prior to trading 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 traded.

Elementis Stock Performance

The company has a 50-day moving average of $9.48 and a 200-day moving average of $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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