Essentra (LON:ESNT) Stock Crosses Below 200 Day Moving Average of $178.65

Essentra plc (LON:ESNT) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 178.65 ($2.24) and traded as low as GBX 144.74 ($1.81). Essentra shares last traded at GBX 147 ($1.84), with a volume of 811,296 shares changing hands.

Essentra Stock Performance

The company has a 50 day moving average price of GBX 154.23 and a 200-day moving average price of GBX 178.08. The company has a current ratio of 1.76, a quick ratio of 0.50 and a debt-to-equity ratio of 39.32. The company has a market cap of £424.03 million, a P/E ratio of -2,908.00, a price-to-earnings-growth ratio of 3.84 and a beta of 1.23.

Essentra Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 27th. Stockholders of record on Thursday, September 21st will be paid a GBX 1.20 ($0.02) dividend. This is a positive change from Essentra’s previous dividend of $1.00. The ex-dividend date is Thursday, September 21st. This represents a dividend yield of 0.77%. Essentra’s dividend payout ratio (DPR) is presently -4,000.00%.

About Essentra

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; washers; spacers; brushes; fleet; fibre management; and furniture fittings.