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Elementis ( (GB:ELM) ) has provided an update.
Elementis PLC announced that its CEO and Director, Luc Van Ravenstein, has acquired 16,850 shares of the company at a price of £1.556 per share, totaling £26,218.60. This transaction, conducted on the London Stock Exchange, highlights a significant investment by a key executive, potentially signaling confidence in the company’s future performance and impacting stakeholder perceptions.
The most recent analyst rating on (GB:ELM) stock is a Hold with a £169.00 price target. To see the full list of analyst forecasts on Elementis stock, see the GB:ELM Stock Forecast page.
Spark’s Take on GB:ELM Stock
According to Spark, TipRanks’ AI Analyst, GB:ELM is a Neutral.
Elementis has a mixed financial performance with strong cash flow but ongoing profitability challenges. Technical indicators show a neutral trend with slight bullish momentum. Valuation concerns arise from a negative P/E ratio and low dividend yield, impacting the overall score.
To see Spark’s full report on GB:ELM stock, click here.
More about Elementis
Elementis PLC operates in the specialty chemicals industry, focusing on the production and supply of chemical products used in a variety of sectors, including personal care, coatings, and energy. The company is known for its innovative solutions and market-driven approach.
Average Trading Volume: 1,061,480
Technical Sentiment Signal: Buy
Current Market Cap: £885.5M
Learn more about ELM stock on TipRanks’ Stock Analysis page.