Shares of Essentra plc (LON:ESNT - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 163.40 ($2.07) and traded as low as GBX 151 ($1.92). Essentra shares last traded at GBX 151.60 ($1.92), with a volume of 252,520 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on ESNT shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Essentra from GBX 240 ($3.05) to GBX 200 ($2.54) and set a "buy" rating on the stock in a research report on Tuesday, September 17th. Berenberg Bank reiterated a "buy" rating and set a GBX 200 ($2.54) price target on shares of Essentra in a report on Thursday, October 24th.
Read Our Latest Stock Report on ESNT
Essentra Trading Down 1.6 %
The stock has a market cap of £428.41 million, a PE ratio of 7,980.00, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18. The company's 50-day moving average price is GBX 152.34 and its 200 day moving average price is GBX 163.40. The company has a debt-to-equity ratio of 51.89, a quick ratio of 0.50 and a current ratio of 1.97.
Insiders Place Their Bets
In other news, insider Scott Fawcett bought 10,479 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average price of GBX 142 ($1.80) per share, with a total value of £14,880.18 ($18,883.48). 0.99% of the stock is owned by insiders.
About Essentra
(
Get Free Report)
Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; barbed and push-fit fasteners; binder screws and snap fasteners; washers; spacers; brushes; feet; fibre management; and furniture fittings.
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