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Essentra (OTCMKTS:FLRAF) Trading 15.4% Higher - Here's Why

Essentra logo with Industrials background

Essentra (OTCMKTS:FLRAF - Get Free Report) shares traded up 15.4% on Tuesday . The stock traded as high as $1.57 and last traded at $1.57. 155 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 5,025 shares. The stock had previously closed at $1.36.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Essentra in a report on Thursday, May 22nd.

Get Our Latest Analysis on FLRAF

Essentra Price Performance

The business has a fifty day moving average price of $1.37 and a 200 day moving average price of $1.43. The company has a current ratio of 2.28, a quick ratio of 1.34 and a debt-to-equity ratio of 0.47.

About Essentra

(Get Free Report)

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.

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