Essentra plc (LON:ESNT – Get Rating) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 190.20 ($2.30) and last traded at GBX 192 ($2.32), with a volume of 218727 shares traded. The stock had previously closed at GBX 198.20 ($2.39).
Analyst Ratings Changes
Separately, Berenberg Bank reduced their price target on shares of Essentra from GBX 350 ($4.23) to GBX 310 ($3.75) and set a “buy” rating on the stock in a research report on Tuesday, August 23rd.
Essentra Stock Performance
The company has a debt-to-equity ratio of 96.80, a quick ratio of 0.50 and a current ratio of 1.41. The company has a market capitalization of £585.28 million and a price-to-earnings ratio of 6,466.67. The business’s 50-day simple moving average is GBX 228.59 and its 200-day simple moving average is GBX 276.85.
Essentra Cuts Dividend
Essentra Company Profile
Essentra plc provides essential components and solutions worldwide. The Components division manufactures and distributes plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions comprising caps and plugs, wire and cable management products, flange protection products, knobs, handles and grips, PCB and electronics hardware, and tools and precision instruments for a range of applications and industries that are used in protection and finish products.
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