Essentra plc (LON:ESNT) Insider Scott Fawcett Sells 4,325 Shares

Essentra plc (LON:ESNT – Get Rating) insider Scott Fawcett sold 4,325 shares of the firm’s stock in a transaction dated Friday, March 31st. The stock was sold at an average price of GBX 192 ($2.39), for a total transaction of £8,304 ($10,328.36).

Essentra Stock Down 0.9 %

ESNT stock opened at GBX 182.40 ($2.27) on Friday. The company has a debt-to-equity ratio of 78.17, a current ratio of 1.55 and a quick ratio of 0.50. The firm’s fifty day simple moving average is GBX 193.38 and its 200-day simple moving average is GBX 216.68. Essentra plc has a 12 month low of GBX 165 ($2.05) and a 12 month high of GBX 329.50 ($4.10). The company has a market capitalization of £537.50 million, a P/E ratio of -1,824.00, a price-to-earnings-growth ratio of 3.84 and a beta of 1.23.

Essentra Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, May 18th will be paid a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.56%. The ex-dividend date is Thursday, May 18th. Essentra’s dividend payout ratio is currently -3,000.00%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ESNT. Berenberg Bank reissued a “buy” rating and set a GBX 295 ($3.67) target price on shares of Essentra in a research report on Monday, February 20th. Peel Hunt restated a “buy” rating and issued a GBX 300 ($3.73) price target on shares of Essentra in a report on Tuesday, May 16th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 280 ($3.48) target price on shares of Essentra in a research report on Wednesday, March 22nd.

About Essentra

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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.