Essentra plc (LON:ESNT - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 108.02 ($1.46) and traded as low as GBX 103.40 ($1.40). Essentra shares last traded at GBX 104.20 ($1.41), with a volume of 483,970 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 170 ($2.30) target price on shares of Essentra in a research report on Wednesday, May 21st.
Get Our Latest Report on Essentra
Essentra Price Performance
The stock has a fifty day moving average of GBX 102.33 and a two-hundred day moving average of GBX 107.67. The stock has a market cap of £298.36 million, a price-to-earnings ratio of 85.51, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18. The company has a quick ratio of 0.50, a current ratio of 1.97 and a debt-to-equity ratio of 51.89.
Essentra Company Profile
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Essentra plc is a leading global provider of essential components and solutions, focusing on the manufacture and distribution of plastic injection moulded, vinyl dip moulded and metal items.
Headquartered in the United Kingdom, Essentra's global network extends to 28 countries worldwide and includes c.3,000 employees, 14 manufacturing facilities, 26 distribution centres and 37 sales & service centres serving c.64,000 customers with a rapid supply of low cost but essential products for a variety of applications in industries such as equipment manufacturing, automotive, fabrication, electronics, medical and renewable energy.
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