Essentra plc (LON:ESNT - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 158.36 ($1.98) and traded as low as GBX 133.84 ($1.67). Essentra shares last traded at GBX 134 ($1.67), with a volume of 766,338 shares.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft cut their target price on shares of Essentra from GBX 240 ($3.00) to GBX 200 ($2.50) and set a "buy" rating on the stock in a research note on Tuesday, September 17th. Berenberg Bank reissued a "buy" rating and issued a GBX 200 ($2.50) price target on shares of Essentra in a research report on Thursday, October 24th.
Read Our Latest Research Report on ESNT
Essentra Trading Down 2.1 %
The business has a 50-day moving average of GBX 148.70 and a 200-day moving average of GBX 158.18. The company has a quick ratio of 0.50, a current ratio of 1.97 and a debt-to-equity ratio of 51.89. The stock has a market cap of £376.73 million, a price-to-earnings ratio of 7,980.00, a PEG ratio of 3.84 and a beta of 1.18.
Essentra Company Profile
(
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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.
Further Reading
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