Essentra plc (LON:ESNT - Get Free Report)'s stock price reached a new 52-week low on Wednesday . The company traded as low as GBX 98.70 ($1.27) and last traded at GBX 99.54 ($1.28), with a volume of 849742 shares changing hands. The stock had previously closed at GBX 100.80 ($1.30).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 170 ($2.19) target price on shares of Essentra in a report on Wednesday, March 26th.
Read Our Latest Report on ESNT
Essentra Stock Performance
The company has a debt-to-equity ratio of 51.89, a quick ratio of 0.50 and a current ratio of 1.97. The company has a market cap of £266.26 million, a P/E ratio of 76.31, a P/E/G ratio of 3.84 and a beta of 1.18. The stock's fifty day moving average price is GBX 115.66 and its two-hundred day moving average price is GBX 133.03.
Essentra (LON:ESNT - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported GBX 8.50 ($0.11) earnings per share for the quarter. Essentra had a return on equity of 1.28% and a net margin of 1.13%. As a group, equities analysts predict that Essentra plc will post 524.137931 earnings per share for the current year.
Essentra Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Thursday, May 15th will be given a GBX 1.55 ($0.02) dividend. This represents a yield of 1.41%. The ex-dividend date is Thursday, May 15th. This is a boost from Essentra's previous dividend of $1.25. Essentra's payout ratio is currently 329.52%.
Insider Transactions at Essentra
In other news, insider Steve Good purchased 35,000 shares of the company's stock in a transaction dated Thursday, March 20th. The stock was bought at an average cost of GBX 109 ($1.41) per share, for a total transaction of £38,150 ($49,175.05). Also, insider Rowan Baker acquired 10,036 shares of the business's stock in a transaction that occurred on Monday, March 24th. The shares were purchased at an average cost of GBX 104 ($1.34) per share, for a total transaction of £10,437.44 ($13,453.78). Company insiders own 0.99% of the company's stock.
About Essentra
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