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Elementis ( (GB:ELM) ) has provided an announcement.
Elementis, a company engaged in a share buyback program, has repurchased 140,000 of its own ordinary shares at an average price of 169.4758 pence per share. This transaction, executed through Numis Securities Limited, reduces the total number of shares in issue to 574,033,375, impacting the company’s voting rights and potentially affecting shareholder interests.
The most recent analyst rating on (GB:ELM) stock is a Buy with a £200.00 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 receives a moderate score of 60, primarily driven by strong cash flow generation and stable technical indicators. However, the negative P/E ratio and ongoing profitability issues weigh heavily on the overall score. The absence of earnings call insights and corporate events limits additional context.
To see Spark’s full report on GB:ELM stock, click here.
More about Elementis
Average Trading Volume: 959,487
Technical Sentiment Signal: Buy
Current Market Cap: £948.3M
See more data about ELM stock on TipRanks’ Stock Analysis page.