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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) traded up 15.4% during mid-day trading on Tuesday . The stock traded as high as $1.57 and last traded at $1.57. 155 shares traded 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.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Essentra

Essentra Stock Performance

The stock's fifty day simple moving average is $1.38 and its 200-day simple moving average is $1.43. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.34 and a current ratio of 2.28.

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.

Further Reading

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