Essentra plc (LON:ESNT - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 105.27 ($1.43) and traded as low as GBX 99.80 ($1.35). Essentra shares last traded at GBX 100.20 ($1.36), with a volume of 391,761 shares trading hands.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the company. Berenberg Bank restated a "buy" rating and issued a GBX 170 ($2.30) target price on shares of Essentra in a research note on Tuesday, July 29th. Peel Hunt restated a "buy" rating and issued a GBX 230 ($3.12) target price on shares of Essentra in a research note on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 175 ($2.37) target price on shares of Essentra in a research note on Wednesday, July 30th.
View Our Latest Report on ESNT
Essentra Trading Down 1.2%
The company has a market cap of £284.56 million, a P/E ratio of 81.56, a PEG ratio of 3.84 and a beta of 1.18. The company has a current ratio of 1.97, a quick ratio of 0.50 and a debt-to-equity ratio of 51.89. The business has a 50 day moving average price of GBX 104.39 and a 200-day moving average price of GBX 105.02.
Essentra (LON:ESNT - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported GBX 3.40 ($0.05) earnings per share (EPS) for the quarter. Essentra had a return on equity of 1.28% and a net margin of 1.13%. Analysts forecast that Essentra plc will post 524.137931 earnings per share for the current fiscal year.
Insider Activity
In related news, insider Rowan Baker acquired 10,386 shares of the company's stock in a transaction dated Friday, August 8th. The shares were bought at an average price of GBX 104 ($1.41) per share, for a total transaction of £10,801.44 ($14,640.07). 0.99% of the stock is currently owned by corporate insiders.
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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