Elementis (LON:ELM) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Posted by ABMN Staff on Jul 24th, 2026

Elementis plc (LON:ELM – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 157.44 and traded as high as GBX 170. Elementis shares last traded at GBX 167.78, with a volume of 494,717 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ELM shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 200 price target on shares of Elementis in a research report on Wednesday, June 3rd. Jefferies Financial Group reissued a “buy” rating and set a GBX 210 price target on shares of Elementis in a research report on Tuesday, June 2nd. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 200.

Get Our Latest Research Report on Elementis

Elementis Stock Performance

The firm has a market cap of £957.68 million, a price-to-earnings ratio of -21.51, a P/E/G ratio of 3.05 and a beta of 0.92. The stock has a 50 day moving average of GBX 154.78 and a 200 day moving average of GBX 157.44. The company has a quick ratio of 1.16, a current ratio of 1.90 and a debt-to-equity ratio of 39.85.

Elementis announced that its Board of Directors has initiated a share repurchase program on Wednesday, June 3rd that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its stock is undervalued.

Elementis Company Profile

(Get Free Report)

Elementis is a global specialty chemicals company listed on the London Stock Exchange. The Group employs c.1,000 across 20 global locations. As recognised innovation leaders with deep expertise in rheology (the science of flow), and formulation solutions, we develop distinctive solutions and products to improve performance, achieve smoother production, and enhance sustainability credentials for customers across a range of industries. The Group also owns and operates the largest high-quality hectorite mine in the world.