Elementis (OTCMKTS:ELMTY) Shares Gap Down – Here’s What Happened

Elementis (OTCMKTS:ELMTY – Get Free Report)’s stock price gapped down prior to trading on Wednesday. The stock had previously closed at $9.93, but opened at $9.00. Elementis shares last traded at $9.00, with a volume of 100 shares changing hands.

Elementis Stock Performance

The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 1.92. The stock has a 50-day moving average price of $9.33 and a 200-day moving average price of $8.38.

Elementis Company Profile

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Elementis plc is a global specialty chemicals company that develops and manufactures additives and functional materials used in a range of industrial and consumer applications. Its products are designed to improve properties such as texture, viscosity, stability, dispersion and surface performance.

The company’s portfolio includes rheology modifiers and other additives for coatings, paints, construction materials, personal care products and cosmetics. Elementis also supplies specialty ingredients used in industrial formulations, helping manufacturers improve the performance, appearance and processing characteristics of finished products.

Elementis serves customers across international markets, including North America, Europe and Asia.

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