Stifel Nicolaus cut shares of Elementis (OTCMKTS:EMNSF) from a buy rating to a hold rating in a research note released on Thursday morning, The Fly reports.
Several other analysts have also recently commented on the stock. UBS Group reiterated a buy rating on shares of Elementis in a research note on Wednesday, July 8th. JPMorgan Chase & Co. reissued an overweight rating on shares of Elementis in a report on Thursday, April 30th. Finally, Credit Suisse Group reissued an outperform rating on shares of Elementis in a report on Friday, April 24th. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy.
Elementis stock opened at $1.10 on Thursday. Elementis has a 12 month low of $0.24 and a 12 month high of $2.25. The business has a 50 day simple moving average of $0.81 and a 200-day simple moving average of $1.07.
Elementis Company Profile
Elementis plc operates as a specialty chemical company in North America, Europe, and internationally. It operates through five segments: Personal Care, Coatings, Talc, Chromium, and Energy. The Personal Care segment produces rheological modifiers and compounded products for antiperspirants/deodorants, bath and soap, color cosmetics, and hair and skin care products.
Further Reading: How to interpret Moving Average Convergence Divergence (MACD)
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