Zacks Investment Research Upgrades ELEMENTIS PLC/ADR (OTCMKTS:ELMTY) to Hold

Zacks Investment Research upgraded shares of ELEMENTIS PLC/ADR (OTCMKTS:ELMTY) from a sell rating to a hold rating in a report issued on Tuesday morning, Zacks.com reports.

According to Zacks, “Elementis plc is a specialty chemicals company. Its business comprises of Specialty Products, Chromium and Surfactants. The company’s product consists of BENTONE(R) organoclays, RHEOLATE(R) rheological additives, DAPRO(R) specialty additives, M-P-A(R) anti-settling agents, NALZIN(R) corrosion and rust inhibitors, THIXATROL(R) rheology additives, NUOSPERSE(R) wetting and dispersing agents, TINT-AYD (R)colorants, SLIP-AYD(R) waxes and slip additives, SERDOX(R) polyglycol ethers, SERDOLAMIDE(R) alkanolamides and SERVOXYL(R) phosphate esters. Elementis plc is based in London, United Kingdom. “

Separately, ValuEngine upgraded shares of ELEMENTIS PLC/ADR from a sell rating to a hold rating in a research report on Friday, September 20th.

Shares of OTCMKTS:ELMTY opened at $7.51 on Tuesday. The firm’s 50 day moving average price is $7.51 and its 200-day moving average price is $7.38. ELEMENTIS PLC/ADR has a twelve month low of $6.82 and a twelve month high of $13.83. The stock has a market capitalization of $871.12 million, a PE ratio of 11.04 and a beta of 0.96.

About ELEMENTIS PLC/ADR

Elementis plc manufactures and sells specialty chemicals in North and South America, Europe, and Asia. It operates through Specialty Products and Chromium segments. The Specialty Products segment offers functional additives to the personal care, coatings, and energy end markets, as well as oilfield and construction sectors.

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